Installment Payment

Dr_mjh

Hi there

Can anyone please tell how to define installment payment as payment term? Installment payment is when the invoice is not paid all in one payment but on several payments with several due dates. so how can I do that in Navision 4.0?

Dr_mjh

Anyone please? [-o<

kriki

In the W1 version of Navision, this is not possible.
In different countries (eg. Italy and Spain) this is possible and both have programmed their own system to do it.

If you want to do that in the W1 version, you would have to program a lot.
Easiest way would be to create the extra fields in the tables you need it (Sales Header, Sales Invoice Header,Customer Ledger entries) and add code to fill them, control them and transfer them to other tables (sales header to Sales Invoice Header is automatically) if needed.

Dr_mjh

Thank you kriki very much for participation. It's a shame that navision doesn't support this in standard version.

Savatage

we handle this semi-manually.

for example we might have terms 30/60/90days
where they can pay 1/3 each time.

we set the terms for 30 days so when the first payment comes due on an aging we will see it. (that's the automatic part)

once the first part is paid (this is the manual part) we change the due date on the ledger entry to the next due date. then etc. etc. until it's paid.

not pretty but it works. it's also a payment term we don't give out alot so it's not a massive project to do this.

ps:in case you're not aware - you can click on the due date of the customer ledger entries & change it.

kriki

ps:in case you're not aware - you can click on the due date of the customer ledger entries & change it.

Correct : the tablebox has property "InlineEditing" = Yes. Hit F2 for editing some fields in it. Which fields? These you can find in Codeunit 103:"Cust. Entry-Edit".