This section illustrates the cash flow forecast transaction for a purchase order (PO). The order's data is as follows:
- Configuration of the accounts payable module's parameters:
- Time between delivery date and invoice date: 5 days
- Time between invoice due date and payment date: 7 days
- Vendor master data:
- Terms of payment: 15 days
- Purchase order data:
- Purchase order date: January 1
- Purchase order quantity: 1 Piece
- Default currency: USD
- Purchase price: 1,000 USD
The purchase order was created on January 1. Based on the setup of the period between delivery and invoice, which is 5 days, the date will be January 6 (by adding 5 days to the PO line date). Then, based on the setup of the terms of payment, ...
