Answer Posted / dheeraj
A proxima payment term has Cut Off day, Day of Month and
Months ahead.
Ex: Cut off day=15, Day of month=20 and Months a head=1
When a transaction is raised on 10-Jun-2007. The transaction
date is before the cutoff day. So this transaction will be
considered for the current billing cycle and the due date of
the transaction will be taken at 20-jun-2007 since months
ahead is 1.
| Is This Answer Correct ? | 5 Yes | 7 No |
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