RE: [ubl-dev] Modeling multiple possible invoice totals based on payment means

["G. Ken Holman" <gkholman@CraneSoftwrights.com>]

Thank you, Andrew, for your response.

At 2007-01-07 20:03 +0000, Andrew Chilcott wrote:
>The adjustment to the payment amount should be dealt with in a Remittance
>Advice which should also be able to handle the different currency options.

Yes, I can see that the payer can use the Remittance Advice to 
indicate which of the payment terms they choose to accept.

>The recipient of the monies can therefore book the invoice amount in the
>invoiced currency
>against what is outstanding on accounts receivable and the difference
>between invoice value and payment amount gets posted to a revenue/cost item.

Right ... which is constantly a mess for us since we don't have any 
Canadian customers.  We are already doing this in our books, and over 
the 10 years it has wavered back and forth from being beneficial to 
deleterious.

But from the perspective of the payee informing the payer of the 
options from which the payer can choose, would you disagree with my 
choice of enumerating the different payment terms and acceptable 
amounts in the invoice as I suggested?

>From: G. Ken Holman [mailto:gkholman@CraneSoftwrights.com]
>Sent: 06 January 2007 21:53
>To: UBL-Dev
>Subject: RE: [ubl-dev] Modeling multiple possible invoice totals based on
>payment means
>...
>Looking again after learning from your note, I just found "PaymentTerms" in
>which is found associated amounts, etc.
>
>So, perhaps then the invoice has the one total CAD$1000 and three different
>payment terms:  the cheque (no charge), the EFT (charge), and the Internet
>(charge + currency).

Thanks again, Andrew!

. . . . . . . . . Ken



--
World-wide corporate, govt. & user group XML, XSL and UBL training
RSS feeds:     publicly-available developer resources and training
G. Ken Holman                 mailto:gkholman@CraneSoftwrights.com
Crane Softwrights Ltd.          http://www.CraneSoftwrights.com/u/
Box 266, Kars, Ontario CANADA K0A-2E0    +1(613)489-0999 (F:-0995)
Male Cancer Awareness Aug'05  http://www.CraneSoftwrights.com/u/bc
Legal business disclaimers:  http://www.CraneSoftwrights.com/legal