Home >  Term: vendor net procedure
vendor net procedure

A procedure whereby cost or inventory postings are reduced automatically by the expected cash discount when an invoice is posted. You can, for example, post exact acquisition values (less the cash discount) to fixed assets accounts.

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  • Μέρος του λόγου: noun
  • Κλάδος/Τομέας: Software
  • Category: ERP
  • Company: SAP

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