How to calculate days due?

[Jim]

I have a table (tblTerms) with 2 fields [strTerms] & [dblDaysDue]. The
typical terms in the table would be 2%10 Net 30 with [dblDaysDue] having a
value of 30. I then take the difference between the ship date from the
invoice and the paid date to calculate if they are paying within terms.
Everything works well, but now there's a customer with terms of 6/1. How can
I calculate if they are paying within terms when the number of days due
changes everyday?

Thanks



Jim

 

[Ken Snell]

What does "6/1" mean with respect to terms? I have no idea how to interpret
what that means with respect to your post. Help us understand how it's to be
interpreted.

 

[Jim]

Hello,
Sorry, 6/1 means terms of June 1.

Jim

What does "6/1" mean with respect to terms? I have no idea how to
interpret what that means with respect to your post. Help us understand
how it's to be interpreted.

--

Ken Snell
http://www.accessmvp.com/KDSnell/

I have a table (tblTerms) with 2 fields [strTerms] & [dblDaysDue]. The
typical terms in the table would be 2%10 Net 30 with [dblDaysDue] having a
value of 30. I then take the difference between the ship date from the
invoice and the paid date to calculate if they are paying within terms.
Everything works well, but now there's a customer with terms of 6/1. How
can I calculate if they are paying within terms when the number of days
due changes everyday?

Thanks



Jim

 

[Ken Snell]

So, how would you calculate the number of days due? Is it a countdown from
the shipping date to the next June 1 date? Or something else? Show us some
examples using data.

--

Ken Snell
http://www.accessmvp.com/KDSnell/

Hello,
Sorry, 6/1 means terms of June 1.

Jim

What does "6/1" mean with respect to terms? I have no idea how to
interpret what that means with respect to your post. Help us understand
how it's to be interpreted.

--

Ken Snell
http://www.accessmvp.com/KDSnell/

I have a table (tblTerms) with 2 fields [strTerms] & [dblDaysDue]. The
typical terms in the table would be 2%10 Net 30 with [dblDaysDue] having
a value of 30. I then take the difference between the ship date from the
invoice and the paid date to calculate if they are paying within terms.
Everything works well, but now there's a customer with terms of 6/1. How
can I calculate if they are paying within terms when the number of days
due changes everyday?

Thanks



Jim