Specify the standard interval between the due date for payments from customers in the selected customer group, and the date ...

Specify the standard interval between the due date for payments from customers in the selected customer group, and the date on which the payments are received in your bank account. The interval is typically a number of days, such as 2D, 3D, or 4D. The value in this field lets you calculate liquidity based on the cash flow forecast. Example You set up a sales budget for a customer group and budget a sale of 10,000 for June 15. You specify Current month + 30 days in the Terms of payment field, and 2 days net in the Settle period field. The payment of 10,000 for the customer group is calculated in the cash flow forecast as received in the bank account on August 1.
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