Trade notes division data on predetermined values

For each business partner, you can indicate the trade notes division data in the Pay-by Business Partner (tccom4114s000) session, for the following:

  • Predetermined values supplied by the business partner
    To divide the trade notes amount, select the Predetermined Values option, in the Trade Note Division Method field.
Division data on predetermined values

Some suppliers instruct your company's accountant about the maximum number of trade notes that they wish to receive for one transaction, as well as the denominations of the trade notes.

For example, the supplier does not wish to receive more than four trade notes to cover one invoice. If the invoice amount is up to 100,000 EUR, the amount can be split into trade notes of 25,000 EUR. Invoice amounts of up to 1,000,000 EUR can be split into trade notes of 100,000 EUR. And so on.

The following table shows the data of this agreement. All the values are in the local currency.

Up to AmountTrade Note DenominationMaximum number
100,00025,0004
1,000,000100,0004
10,000,0001,000,0004

 

Based on this data, an invoice of 85,000 EUR will result in:

  • Three generated trade notes of 25,000 EUR each.
  • One trade note for the remaining amount, which is 10,000 EUR.

If the maximum number of trade notes is three, an invoice of 85,000 EUR will result in:

  • Two generated trade notes of 25,000 EUR each.
  • One trade note for the remaining amount, which is 30,000 EUR.