What is cash discount date offset in SAP SBO - SAP Business One?

SAP Term: cash discount date offset

• Component: SBO

• Component Name: SAP Business One

• Description: Allows a one-time extension, or curtailment, of the payments terms in a sales deal by a specified number of days. Possible field values are: Zero displayed as a blank A positive integer value A negative integer value &EXAMPLE& An A/R invoice has the following: A cash discount of 5% if payment is made within the first 8 days A cash discount of 2.5% if payment is made within the first 13 days A document date of 5.10.2010 with the cash discount based on document date A cash discount date offset of 10 The first cash discount date for 5% was initially 13.10.2010. It is extended to 23.10.2010 by the cash discount date offset of 10 days. The second cash discount date for 2.5% was initially 18.10.2010. It is extended to 28.10.2010 by the cash discount date offset of 10 days.

Smart SAP Assistant

• Key Concepts: 
  Cash discount date offset is a feature in SAP Business One (SBO) that allows users to set a specific number of days for the payment of invoices. This feature allows users to set a payment deadline for customers, and if the customer pays within the specified time frame, they will receive a cash discount. 
  
  How to use it: 
  To use the cash discount date offset feature in SBO, users must first go to the “Accounts Receivable” tab in the main menu. From there, they can select “Cash Discount Date Offset” and enter the desired number of days for payment. Once this is done, customers will be able to see the payment deadline when they receive their invoices. 
  
  Tips & Tricks: 
  When setting up the cash discount date offset feature in SBO, it is important to consider the customer’s payment habits. If customers typically pay late, it may be beneficial to set a longer payment deadline so that they can still receive a cash discount. Additionally, it is important to ensure that the payment deadline is reasonable and not too short or too long. 
  
  Related Information: 
  The cash discount date offset feature in SBO is related to other features such as invoice due dates and payment terms. It is important to understand how these features work together in order to ensure that customers are able to receive their invoices on time and take advantage of any cash discounts available. Additionally, understanding how these features work together can help users better manage their accounts receivable process.