(AUS) Setting Up A Payment Term for Installments
Access the Installment Revision form.
Typically, Australian companies set up a payment term for installments as follows:
Sequence Number |
Percent of Installment |
Net Due Date Rule |
---|---|---|
1 |
33 |
Based on RE (receipts). |
2 |
33 |
Based on TD (total receipts to date). |
3 |
34 |
Based on TR (total receipts) |