Advance in Purchase/Sales Order

Description

Discount of the advance value in the Purchase/Sales Order Cash Flow (FINC021).

Notes

The discount is implemented in the advance value in the Cash Flow, if the addition to the Purchase/Sales Order has linked advances.

Example:

Purchase/Sales Order

Code: 001

Value: BRL 10,000.00

Advance Vl: BRL 1,000.00

Order Balance: BRL 10,000.00 - BRL 1,000.00 = R$ 9,000.00

If the order is divided in installments, the advance discount happens only on the first installment.

Example 1: Advance lower than the installment value:

Purchase/Sales Order

Code: 002

Order Total Value: 900.00

Advance Vl: 100.00

Payment Term: 3x, one on demand, one on 30 days and one on 60 days.

When the query is performed, it displays:

For the first installment: Value 300.00 and Advance 100.00. Balance 200.00

For the second installment: Value 300.00 and Advance 0.00. Balance 300.00

For the third installment: Value 300.00 and Advance 0.00. Balance 300.00

Example 2 - Advance higher than the installment value. It is considered up to the installment value:

Purchase/Sales Order

Code: 003Order Total Value: 900.00
Advance Vl: 400.00

Payment Term: 3x, one on demand, one on 30 days and one on 60 days.

When the query is performed, it displays:

For the first installment: Value 300.00 and Advance 300.00. Balance 0.00

For the second installment: Value 300.00 and Advance 0.00. Balance 300.00

For the third installment: Value 300.00 and Advance 0.00. Balance 300.00

Example 3 - Querying after the second installment due date:

Purchase/Sales Order

Code: 004

Order Total Value: 900.00

Advance Vl: 100.00

Payment Term: 3x, with due dates 10/10/20, 11/10/2020 and 12/10/2020.

When the query is performed in 11/10/2020, it displays:

11/10/2020: Value 600.00 and Advance 100.00. Balance 500.00

12/10/2020: Value 300.00 and Advance 0.00. Balance 300.00