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The term “progressive credit periods” offered by the supplier to the retailer for settling the account is defined as follows: If the retailer settles account by credit period M, then the supplier does not charge any interest. If the retailer pays after M but before N (N > M), then the supplier charges the retailer on an un–paid amount at the interest rate Ic1. If the retailer settles after credit period N (N > M), then he will have to pay an interest rate Ic...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.