Bad debts terms
Use this function to create and manage bad debt terms to calculate those values. Terms are not tied to a specific management rule: Doubtful debts, Impairment or Write-offs. You can apply the same to term to multiple bad debts.
To create a term, you must have at least one line defined in the grid.
Prerequisites
Refer to documentation Implementation
Screen management
Entry screen
Fields
The following fields are present on this tab :
Block number 1
| Enter a unique code that you will use in Bad debt management. |
| Enter or select the legislation for the code. When applying the term in bad debts, the legislation for the code and the company must be the same. To apply the same terms to multiple legislations, you need to create a term for each legislation. |
| Enter a description for the code. |
| Enter a short description for the code. |
| Enter the number of days between the open item accounting due date and the actual date. This value cannot be zero and each successive line must have a greater number. You cannot have two lines with the same value. |
| Enter a value between 1 and 100. You cannot have two lines with the same value. |
| You can enter a description for this line. |
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