Add payment terms quickly when needed
The application uses payment terms to calculate due dates, discount expiration dates, and discount amounts for your payables and receivables. You can set up an unlimited number of payment terms in the
Payment Terms
screen, and you can also add them quickly when needed using the following methods.- Right-click one of the following payment term fields, then selectAdd Payment Term.
- Enter a unique name in one of the following payment term fields, then useTabto move to the next field. Select Yes to add the payment term and enter the information in thePayment Termsscreen.
note
To change or delete an existing payment term quickly, right-click a payment term field in which a payment term is already selected, then select
Edit Payment Term
or Delete Payment Term
.You can use these quick methods of adding payment terms in the following places:
- Payable transactions:
- Payment termin theAccounts Payableof theVendorsscreen.
- Pmt Termcolumn in theRapidtab of theEnter Payablesscreen.
- Payment termin theDetailtab of theEnter Payablesscreen.
- Payment Termcolumn in theRapidtab of thePayable Templatesscreen.
- Payment termin theDetailtab of thePayable Templatesscreen.
- Invoice transactions:
- Payment termin theAccounts Receivabletab of theCustomersscreen.
- Payment Termcolumn in theRapidtab of theEnter Invoicesscreen.
- Payment termin theDetailtab of theEnter Invoicesscreen.
- Pmt Termcolumn in theRapidtab of theInvoice Templatesscreen.
- Payment termin theDetailtab of theInvoice Templatesscreen.
