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Difference between ‘balance forward payment terms’ and other ‘payment terms’

Posted on January 16th, 2013 by Sanjit Anand ||Email This Post Email This Post

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Balance forward billing payment terms pass the balance forward billing cycle to the Create Balance Forward Bill program . The billing cycle determines when customer balance forward bills are generated.

Because balance forward bills cannot be split across installments , all settings related to installments on balance forward billing payment terms are disabled.

You cannot change existing payment terms back and forth for use as both a non-balance forward billing and balance forward billing payment terms.

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