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Is there a way to create progress billings for customer orders?

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We have a scenario where we sell parts to our customers and allow them to pay for them over a period of months. We do not want to negatively impact the customer's AR aging by recording the entire amount due at invoicing. We are looking for a way to invoice the CO but have the associated AR show as individual payments over the life of the agreement period. Any suggestions would be greatly welcomed.
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Group: *MUGA

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BC:
Thanks Heather! I am going to try that! I appreciate your insight!
BC:
Hi Michelle, We are using the split due date option configuration in CRS075 payment terms. This splits the invoice into multiple in the customer's AR and spreads out the due date so it doesn't calculate in the interest invoicing. AR is reporting in total when the invoice is created.

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