Defining Customer Maximum Collection Days

You can enter a maximum number of collection days in the Commissions Report to determine if an invoice has been paid within the required amount of time when calculating a salesperson's commission, if commissions are based on paid invoices. This setting works with an order's invoice or due date, depending on the setting on the Maximum Collection Days Date control maintenance record.

For example, if the Maximum Collection Days Date control maintenance record is set to Invoice, the Max Collection Days field is set to 60, and an invoice for this customer is paid on or before the 60th day after the invoice date, then the invoice is included when calculating the commission. However, if the invoice is paid on day 61 or later, the salesperson loses the commission.

Note: This entry can be overridden by the number assigned in the Max Collection Days field on the Additional Header Data screen off of the Sales Order Entry Header screen.

To set a customer's maximum collection days:

From the Files menu, select Customer to display the Customer Maintenance screen.
In the Customer/New field, enter a customer ID to display the customer record.
Use the Credit hot key to display the Credit Control Parameters screen.
Use the Add'l Credit Data hot key to display the Additional Customer Credit Data screen.

In the Max Collection Days field, enter the maximum number of days in which an invoice can be paid and still be applied to a salesperson's commission.
Press Esc to save your settings and return to the Credit Control Parameters screen.