An installment for $2,000 USD is due for payment on July 31,2016. The installment has two discounts: the first discount date is June 15, 2016 for $150 USD and the second discount date is June 30, 2016 for $50 USD.
You submit a Payment Process Request with the following criteria:
-Payment Date = June 20, 2016
-Pay Through Date = July 30,2016
-Date Basis = Due Date
What will be the resulting status of the installment and discount?
A. The installment is selected and a discount of $150 USD is applied.
B. The installment is selected and a discount of $50 USD is applied.
C. The installment is not selected because the due date is after the Pay Through Date.
D. The installment is selected and no discount is applied.
E. The installment is not selected because the discount dates are before the Pay Through Date.
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Correct answer is C as the date basis is due date and invoice due date is after Pay through date.
C
Correct answer is C as the date basis is due date and invoice due date is after Pay through date.