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

how service tax work.

2349


What do you mean by Category Set ? and what is its Relevance ?

2354


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

2148


What is meant RD020

862


Substitute receipts and Unordered Receipts

3277


Anyone provide the oracle fin/scm definetions

2355


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

3793


What are register in India localisation?

1966


Recurring Problem Posting i have Journals for sep 2018 that i approved but they are not available to post even though the period is open in Oracle R12 Issues

1743


I have created an invoice and made the payment in Accounts payable. Now the payment status is Negotiable and accounting status is processed. I reconciled the transaction in Cash Mgmt, The status changed from negotiable to Reconciled in CM. I checked the payment status for the invoice in payment window(AP), the payment status changed to RECONCILED UNACCOUNTED i.e correct but the accounting status is remain processed which is not the correct. I hope the transaction will be correct if the accounting status would have changed to PERTIAL . Please suggest any solution for the above query.

5228


what is the use of hr: security profile, while configure multiorg?

1029


When we run a GL Reconciliation Report, we also see the void payments in that report. Even though i disable the option of Show Void payments, its appearing in the report.How do i proceed so that i dont see those void payments in the GL Reconciliation Report?

2866


Can I do a payment of 50 bills on a post date. If yes, then how?

1720


1.what is the name of program to create invoice automatic from po.? 2.How to auto upload the bank statement? 3.PO tax has not flown to invoice . why? Debit memo not generated for return of goods.??

3407


can any one tell me what exactly functional consultant do on daily basis? client requirements?

912