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[Vanessa Rokhman]

Does anyone use prox terms in GP 2016?  We have one customer that we have negotiated 1% 1st prox, 15th (So if the order is placed before the 15th of January, payment is due the 1st of February, but if the order is placed after the 15th of January, payment is due the 1st of March)

We have yet to figure out a way to do this in GP and were hoping maybe someone else had.

Thanks!

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Vanessa Rokhman
AR Clerk
ADO Products LLC
Plymouth MN
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[Leslie Vail]

Have you tried utilizing the grace period feature?

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Leslie Vail
Accounting Systems Consulting, Inc.
Dallas TX
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[Amber Bell]

I am attaching some screenshots to show how this would be setup and how it works.

Setup Terms: Administration > Setup > Company > Payment Terms

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Amber Bell
Owner
Training Dynamo LLC
Derby CT
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