Specifies a formula that calculates the payment due date, payment discount date, and payment discount amount on the sales document. By default, the payment term from the customer card is entered.
The payment terms code is automatically copied from the Customer table when you fill in the Bill-to Customer No. field.
The payment terms are used to calculate the due date and payment discount date from the document date and to find payment discount percentages.
You can enter a different payment terms code if the default is incorrect.
The contents of this field are copied to the Prepmt. Payment Terms Code field, but you can change the contents of the Prepmt. Payment Terms Code field if you want a different set of payment terms to apply to prepayments.
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For more information about how to work with fields and columns, see Work with Data. For more information about how to find specific pages, see Search. |