You can define several due dates (instalments) for one single invoice. For each instalment you define how much (using a ratio) of the total invoice amount that is to be paid at a specific time. You do this by defining a new terms of payment code for each instalment, but you can also use the same terms of payment for the instalments as for the invoice.
You also define how much of the VAT part that is to be paid with each instalment.
Options
Function keys
Resequence instalments | Resequence the instalments in increments of 10. |
Selection fields
- Terms of payment
- Displays the TOP code you selected on the previous panel and a description.
- Instalment
- This column lists the sequence numbers specified for the instalments that are defined for the selected terms of payment.
- Ratio amount
- This column lists the ratio factors of the existing instalments. The ratio factor determines the amount, in relation to the other instalments, that is to be paid according to the terms of payment code defined per instalment.
- Ratio VAT
- This column lists the ratio VAT entries of the existing instalments. The ratio VAT determines how to distribute the VAT amount among the instalments.
- TOP
- This column lists the terms of payment codes that are defined for the existing instalments.
- Text
- This column lists the descriptions of the terms of payment codes defined for the existing instalments.
Work with terms of payment, Instalments (GDMD15104)
You can define several due dates (instalments) for one single invoice. For each instalment you define how much (using a ratio) of the total invoice amount that is to be paid at a specific time. You do this by defining a new terms of payment code for each instalment, but you can also use the same terms of payment for the instalments as for the invoice.
You also define how much of the VAT part that is to be paid with each instalment.
- Instalment number
- Enter a sequence number for the instalment. This field is mandatory.
- Ratio amount
- The ratio factor determines the amount, in relation to the other instalments, that is to be paid according to the terms of payment code defined per instalment.
If the first and second instalments cover 25% each of the invoice total, and the third instalment covers the remaining 50%, the ratio factors can be 1, 1 and 2. Enter only positive values.
- Ratio VAT
- The ratio VAT determines how to distribute the VAT amount among the instalments.
If 100% of the VAT is to be paid together with the first instalment, the Ratio VAT is 1 together with the first instalment and zero with the following ones. If the VAT should be spread evenly among the instalments, the Ratio VAT is 1 for each instalment. Enter only positive values.
- Terms of payment
- Mandatory entry. Enter the terms of payment code that you defined for this instalment. It could be the same as for the invoice, or apply to this instalment only.
Work with terms of payment, Instalments, Copy (GDMD15105)
- Instalment
- Displays the instalment you selected to copy.
- New instalment
- Enter the new instalment that you are creating.