Is there an easier way of updated customer payment terms instead of going to each customer in 360 and going through each inv and updated to correct terms. When we went live on Infor LN terms for AP/AR were incorrect as we keep finding errors
You can export/import from excel in tccom4512m000 (Invoice-to Business Partner).
Hi Peter Thanks. Also not sure if you can assist, our customers have EOM X days how can I set this up as new terms. Not sure I have access to set up terms. Tried S45 which is not correct
Looks like I do not have access to tccom4512m000
Typically it is invoice date + X days and then end of month
What you would like is invoice date -> end of month + x days
Don't think LN has that option.
Can you try from Options > Run program , that would give a message no authorization when you do not have access (not sure if you have the Run Program option available to you)
Running it from Options works. Thank you
If LN does not have an option could it be set up by admins? We were advised the terms were alraedy set uo but could not find anything
In the setup of a payment term tcmcs0113s000 you have on the second tab Overdue data an option to set the method and the priority for due date calculation. Here you can set the priority to be end of month or payment days. If you do first priority end of month then I think you should be good.
For the End of Month method, you can select two additional factors for the due date calculation:
