Requirement
Some
customers may use drafts as a method of payment, and the company may charge interests on the
draft.
M3 solution
Draft interest invoices can be raised
for customers who use the draft method of payment, by processing a manual customer invoice.
Configuration guidelines
| Program ID |
Program name |
Description or comment |
| CRS475 |
Settings – Gen. Interest Rate Drafts |
Specify the appropriate interest rate for drafts. |
| CRS610/K |
Customer. Open |
In the Cus instr
rate field, specify the customer-specific interest rate for draft
payments. This information is added to the general interest rate set for the
division in (CRS475). |
| CRS405 |
FAM Function. Open |
Create the FAM function AR20 with the
panel layout 30-Interest invoice for draft payment. |
| MFS165 |
Internal Invoice Series. Open |
Create the invoice series for manual customer invoices. |
| CRS395 |
Accounting Rule. Set |
Create the accounting setups for the AR20 event. |