Eom dating definition

Trade discounts are often combined to include a series of functions, for example 20/12/5 could indicate a 20% discount for warehousing the product, an additional 12% discount for shipping the product, and an additional 5% discount for keeping the shelves stocked.

Trade discounts are most frequent in industries where retailers hold the majority of the power in the distribution channel (referred to as channel captains).

Trade discounts, also called functional discounts, are payments to distribution channel members for performing some function.

Examples of these functions are warehousing and shelf stocking.

I see a change to the payment terms table (Add Flag for EOM). It could be possible have tree or more different percentage of payment at 30, 60, 90 days (EOM or day of month) Maybe I'm asking too much! However now we are using the 30, 60, 90 net days, but we have to remember if the payment is due at the end of the month or in a day of the following month. This is not so usual, but we agreed this with our most important supplier.Also chaneg the screen works to allow all 3 items to be set. You can change the calculations in Supplier where the due date is calculated. Add net days from Invoice date then If EOM then go to end of month and then add Day in month. I am not sure how many people have this need so you may need to do it localized.Also - because the same table is used for Customer Invoices adn we don't currently store the due date on the debtortrans table you would need to change all the Customer side calculations that dynamically calculate due date.

Leave a Reply