Re: BillingAccount credit sale payments

[Jacopo Cappellato]

What we are doing now, is to add a term for each payment.







Jacopo

On Aug 9, 2008, at 10:09 PM, Daniel Riquelme wrote:

Here is the data defined in OFBiz to get an invoice that will be paid with 3 payments: <TermType description="Payment net days, part 1" hasTable="N" parentTypeId="FIN_PAYMENT_TERM" termTypeId="FIN_PAY_NETDAYS_1"/> <TermType description="Payment net days, part 2" hasTable="N" parentTypeId="FIN_PAYMENT_TERM" termTypeId="FIN_PAY_NETDAYS_2"/> <TermType description="Payment net days, part 3" hasTable="N" parentTypeId="FIN_PAYMENT_TERM" termTypeId="FIN_PAY_NETDAYS_3"/> If you need more payments, you should create more records like the ones above. Then you just have to add all the one you want to the order, for example if you want an order paid with 2 payments, you will add the first two records: Part1: termDays= 30, termValue=80 (i.e. pay within 30 days the 80% of the order) Part1: termDays= 60, termValue=20 (i.e. pay within 60 days the remaining 20% of the order)

I was thinking about doing something like this.

1) Define a TermType that specifies that an Invoice must be paid in N
monthly sub payments.

they owe that specific month.

Perhaps in this monthly process it would be convenient to use a

Debt Collection queries and customer pay analysis.

Daniel

2) Perform a calculation every month to inform the customers how much do SubPaymentInfo Entity to track debt and payment. This would simplify the On Fri, Aug 8, 2008 at 9:41 AM, BJ Freeman <[EMAIL PROTECTED]> wrote:

[What do receivables have to do with agreements, except perhaps to
determine terms on invoices or something? ]

David  we were talking about, is determining terms on invoices. Like





David E Jones sent the following on 8/7/2008 10:57 PM:

payment schedule. To my way of thinking, any money owed the company, for product or service sold, is receivables, from an accounting point of view. so I am not sure why you expressed yourself, since it looks like we agree.

What's the difference... I see none.

-David


On Aug 7, 2008, at 11:51 PM, BJ Freeman wrote:

so how is correct you or Jacopo

David E Jones sent the following on 8/7/2008 10:46 PM:

What do receivables have to do with agreements, except perhaps to
determine terms on invoices or something?

The main entities, and related functionality to look at, are the
BillingAccount (has credit limit, and all invoices and payments

relevant

are attached to it), and of course Invoice, Payment, and
PaymentApplication. Receivables are best reviewed with outstanding
invoices, which are of course posted to the GL too if it is setup
properly.

-David


On Aug 7, 2008, at 8:40 PM, BJ Freeman wrote:

hopefully someone that is doing the financial can tell you about the

connection of agreements to receivables.

this
is implemented but would have to check.

15th
to check if payments are made.


to create the format you have is not in ofbiz at this moment.
however all the data is available.

the payments should have the invoice number on them to be applied
correctly.


Daniel Riquelme sent the following on 8/7/2008 6:54 PM:

The agreement is the contract, but the invoice that is generated from the agreement would be what you put you payments against. I believe service (not yet done) can be scheduled to run on certain day like the part I do know is that the email to send such info and the widgets

Correct me if I'm wrong.

payments
each of them due the 15th of the following 12 months I need to
create an
Agreement that says something like:
Payment (due on specified day of month), Term value = 15
Payment (number of sub payments), Term value = 12

My question is:
If the following 15th the client has paid, how do I apply that
payment to
the agreement ?

I would like to send to the client the following information
regarding their
due payments:
For the product X you have made 10 sub payments out of 11

it's over
due so you owe me Z in interest.

Thanks four your help.

On Thu, Aug 7, 2008 at 9:32 PM, Daniel Riquelme
<[EMAIL PROTECTED]>wrote:

To express that the payment to an order is to be divided in 12 sub For the priduct Y you owe me your 5th sub payment out of (10), and

Thanks, I'll take a look at them.



wrote:

On Thu, Aug 7, 2008 at 9:29 PM, BJ Freeman <[EMAIL PROTECTED] man.net>

Agreements

Daniel Riquelme sent the following on 8/7/2008 6:23 PM:

Hi,

I would like to know if is possible to express future payments in

a

credit

sale.

date and
amount for payments.

Best Regards,
Daniel

Perhaps with some sort of payment schedule which indicates due

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