You are creating payment terms. A company processes standard vendor payments on the seventh day of the next month. You need to set up payment terms for the vendor. Which date formula should you use?

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Configure financials

Question

You are creating payment terms. A company processes standard vendor payments on the seventh day of the next month. You need to set up payment terms for the vendor. Which date formula should you use?

Options

A37D
B1M+7D
C1M+6D
DCM+7D

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Topics

#payment terms#date formula#CM formula#vendor payments

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