Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is Proxima Payment Terms?

Answer Posted / manoj

In proxima payment term to determine the due date of the
installment, it requires 3 details :
Cut Off day, Day of Month and
Months ahead.

Ex: Cut off day=20, Day of month=25 and Months a head=1
transaction raised on 15-Jun-2007

Here cut of day is 20th, the payment cycle is 20th of last
month to 19th of this month. So for this example payment
cycle is 20-may to 19-june, 2007.So the transaction date
falls in this current billing cycle, and months ahead is 1,
due date will be taken as 25th july.If months ahead is 0,
then due date will be 25th of june.

Is This Answer Correct ?    16 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Provide an overview of AR cash receipt processing.

2623


Explain Customization process?

1959


could you please post some work around that any body have done in the financial modules.

2090


Anyone provide the oracle fin/scm definetions

2402


1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?

3861


what is the difference between bonus reserve and bonus expense

4495


What is the use of mo: security profile, while configure multiorg?

970


what is the steps to customization ?

2386


What are the types of setups in apps inventory module

2442


What is the use of gl set of books name, while configure multiorg?

1103


can we define 2 different currency revaluation at a time??

2338


how to do customization while doing oracle implementation. what is the role of functional consultant in customization?

2668


what is the meaning of purchase default and what are the types

2232


Hi guys, any person available ap,ar material pls send me this mail.id sreenathapps09@gmail.com

1902


While assigning the security by book in oracle assets..i am unable ot get the asset org in security profile form.This asset org was already defined in org description window.

2858