Ship Invoice Customer Credit Term Setting

Ship Invoice Customer Credit Term setting:

Path : Customer Management -> Customer Entries -> Customer Credit Details

Definition :

1BL_Type : Export / Import / TAP

2Credit Given By : Principal / Agent for Agent Location , then select Agent

3Start From : indicate the starting date to calculate the Due date

3.1SOB : Ship On Board

3.2ATA : for import shipment select the ATA (Actual Arrival Date)

3.3ATD: for export shipment normally select the ATD (Actual Departure Date)

3.4INV: for other offer, select the INV (Invoice Date )

Scenario

Facts : There is an export shipment and its ATD is 01-MAY-2012

A invoice is generated on 03-MAY-2012

Case 1 : Setting the CustomerA credit term condition of Start From is ATD Credit days is 30 days , then the due date will be 31-MAY-2012

Case 2 : Setting the CustomerB credit term condition of Start From is INV Credit days is 30 days , then the due date will be 03-JUN-2012

4Trade Type :

4.1Fixed : the Credit Days is fixed

4.2Variable : The Credit Days is variable by setting the slab in the “Variable” System will pop up Variable Slab Entry as below shown.

4.2.1Slab Order 1 : It indicates the vsl voyage ATD or ATA during day 1st to day 20th the due date should be the end of same month thereof.

4.2.2Slab order 2 It indicates the vsl voyage ATD or ATA during day 21th to the end of month ,the billing due date should be day 5th of next Month

4.2.3Billing Month : 0 – the same month , 1 – next month

4.3Limit Amount : While invoicing , system will check the balance with the Limit amount, if the outstanding balance is above the limit amount , system will not allow to generate invoice.

4.4Markup % : The tolerance percentage about the set limit that system can allow

4.5Final Amount: This is calculated by the system based on the the limit amount and the add up percentage set.

4.6Valid From : System will get current date and system will not allow back date

4.7Valid To : System will get current date and user may change the date afterward

5SAMPLE,

5.1CREATE TERM BY WEEKLY

TRADE TYPE=FIXED, CREDIT DAYS=7

5.2CREATE TERM BY MONTH, TRADE TYPE=VARIABLE

CLICK VARIABLE

FROM DAY :1 TO DAY:31 BILLING MONTH=1 TILL DAYS=10

5.3CREATE TERM BY MONTH (THIS MONTH 26 TO NEXT MONTH 25)

5.3.1FROM DAY :26 TO DAY:31 BILLING MONTH=2 TILL DAYS=31

5.3.2FROM DAY :1 TO DAY:25 BILLING MONTH=1 TILL DAYS=31