payment tolerance

NavrookieNavrookie Member Posts: 83
Hi

How is Payment discount tolerance different from payment tolerance , Payment discount. :x
Regards,

Arvind

The Art of Walking in Water is to know Where Stones Are..

Comments

  • reemareema Member Posts: 255
    Payment Discount Tolerance: Allows a customer to take a payment discount even though the payment discount date has passed.

    Payment Amount Tolerance: Accepts a slightly greater or smaller amount as full settlement of an outstanding invoice. In the program, Payment amount tolerance is called Payment Tolerance.

    To use the Payment Tolerances are set up on the following forms for sales & purchase

    Customer Card & vendor card
    General Ledger Setup
    Chart of Accounts
    Customer Posting Groups & Vendor posting groups
    Currency card
    reema
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