Determination of Due Date

Determination of Due Date

The due date is determined from the IS-U term of payment stored in the contract account. To see which term of payment was specified in Customizing, choose Utilities Industry ® Contract Accounts Receivable and Payable ®Basic Functions ® Postings and Documents ® Document ® Payment Terms ® Maintain payment terms.  The basis for the determination of the due date is the final bill amount Read more…