Answer Posted / avsp. dhurga
FI PEOPLE IS FIXED THE DUE DATE REQUIRED BY THE CLIENT.
SAHY FOR EXAMPLE ONE MATERIAL CUSTOMER IS IRREGULAR PAYER
BUT WE CAN GET MORE BUSINESS FROM HIM. SO CLIENT SUGGESTS
THAT WE ALLOW CASH DISCOUNTS HE WILL BE TRUNED TO PROMPT
PAYER. THIS IS JUST FOR EXAMPLE.
INSTLLMENT TERMS ALSO COMES UNDER THE SAME
CATEGORY. I.E. FI PEOPLE WILL FIX THE DUE DATE BY THE
CLIENT'S REQUIREMENT.
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