Payment Terms identify the terms your company extends to your Customers and that your Vendors extend to you. Payment Terms are used to calculate aging and payment discounts. The purpose of this page is to view, add, edit, remove and inactivate Payment Terms used for A/P Invoices and Sales Order Quick Sales and Sales Invoices.
Software Version: 2022.01.31 and newer
Page Header
Toolbar Icons | Description |
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Column Filter Show/Hide | Toggles between displaying and hiding a filter row in the grid under the column headers. The filter row will be displayed by default if the Quick Column Filter is also implemented in the page. When enabled, this will allow users to type in text to filter by a specific column. |
Delete | Deletes the selected record(s). When clicked, users will be prompted with: "Are you sure you want to delete the selected records?". Click "OK" to confirm, or "Cancel" to return without deleting. WARNING: Records cannot be recovered once they are deleted! Payment Terms may only be deleted if they are not assigned to an existing Customer, Vendor, and/or Fisherman and if they have never been used on any open or posted transaction. |
Excel | |
Favorites | Clicking on the star icon when it is an outline, adds the page to the 'My Shortcuts' tab and fills in the star. Clicking on the star icon when it is filled in (solid color), removes the page from the 'My Shortcuts' tab and returns the icon to an outline. Users must log out and back in before the pages will be visible in the 'My Shortcuts' tab. |
Group By Show/Hide | |
Help | |
New | |
Quick Column Filter | |
Save | |
Saved Column Layouts | |
Fields | Description |
Checkbox | |
Discount Days | Identifies the number of the days that an early payment discount is valid for. This is a text box that defaults to 0, is always editable, and is required. This must be greater than or equal to 0 and less than or equal to the Due Days. If missing, the message "Discount Days must be greater than or equal to zero" will be displayed on Save. Database Field: ERPx_MFPaymentTerms.DiscountDateDays |
Discount Percent | Identifies the percentage used in calculating the early payment discount amount. This is a text box that defaults to 0.00000%, is always editable, and is required. This must be between 0 and 100 else the message "Discount Percent must be between 0 and 100." will be displayed on Save. Database Field: ERPx_MFPaymentTerms.DiscountPercent |
Due Days | Identifies the number of the days before the payment is due. This is a text box that defaults to 0, is always editable, and is required. This must be greater than or equal to 0 and greater than or equal to the Discount Days else the message "Due Days must be greater than or equal to zero and must be greater than or equal to the Discount Days." will be displayed on Save. Database Field: ERPx_MFPaymentTerms.DueDateDays |
Inactive | |
Payment Term Name | The Payment Term Name is the unique identifier for Payment Terms. This is a text box that defaults as blank, is required, must be unique, and must be <= 20 characters. If missing, the message "Payment Term Name is required." will be displayed on Save. If not unique the message "Duplicate Payment Term Names are not allowed." will be displayed on Save. |