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can I make quarterly pmts on PO for service contra (Read 273 times)
khays
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can I make quarterly pmts on PO for service contra
08/14/07 at 05:54:32
I have a PO that has been fully received for a one year service contract. It is payable in 4 equal quarterly payments. Is there a better way to do this other than to go back and receive it in 4 pieces and schedule the 4 payments?
Ken Hays
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lmk223a
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Accountant
Posts: 377
Re: can I make quarterly pmts on PO for service co
Reply #1 -
08/14/07 at 06:02:17
What if you receive it once (the full year amount, qty 1), but in A/P-C enter four different invoices (.25 qty each) and show the quarterly amount due for each invoice. Then when you pay bills, you can select one invoice each quarter.
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EVO/ERP 2007.2 3/2708 update, 15 users
Linda Kucan
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