Payment Terms:

Payment Terms:

Payment terms refer to the agreed-upon conditions between a buyer and a seller regarding the payment of goods or services. These terms outline when and how payments should be made and help establish a clear understanding of financial obligations.

 

To add the Payment Terms, go to Application >> General Setup >> Payment Terms.

Press Alt+2 to add the Payment Terms. You will see the following screen fill the required fields and press Ctrl+ S to save the information. 

Edit the Payment Term setup:

To edit the Payment Terms, go to Application >> General Setup >> Payment Terms.

From the list click on option icon and click on Change button. You will see the following screen fill the required fields and press Ctrl+ S to update the information. 

You can view the added information in a list by pressing Alt +1 and filter the result from Search, Clear or Synchronize data as per the requirements.

To print or export data to excel click on print and export excel icon at right hand side.