Activity codes >  Module Common Data >  Activity Code MAXPD (Maximum period (companies))  

Index

This activity code is used for customer invoicing, supplier invoicing and A/P-A/R accounting.

This activity code must be activated to authorize the implementation of controls related to the 2011/7/EU European directive.

These controls are used to determine the maximum number of days to perform the last payment due date. They can be defined via the following parameters:

• DMAXPAY - Maximum period (companies) (TC chapter, RSK group)
• DMAXPAYP - Maximum period (Public sector) (TC chapter, RSK group)
• DMAXAGR – Maximum contractual period (TC chapter, RSK group)