Set buffer days for sales payments

  • Article

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

You can specify how many days are allowed for a grace period before a sales payment is due.

Note

Buffer days for sales payments apply to time-and-material projects only.

  1. Click Project management and accounting > Setup > Project management and accounting parameters.

  2. In the Project parameters form, in the left pane, click Forecast.

  3. In the General buffer days field, enter a number of buffer days.

Example

In the Project contracts form, you select Monthly in the Invoice frequency field, which means that the invoice date of the forecast is set to the end of the current month according to the project date.

The project date is set to March 16, 2010.

The invoice date is set to March 31, 2010.

In the Project parameters form, 4 is entered in the General buffer days field.

The payment is due on April 4, 2010, which is March 31, 2010 + 4 days.

See also

Specify the invoice frequency for an existing project contract

Project management and accounting parameters (form)