Payment terms
Section Content
About payment terms
Payment terms define the specific details of the seller’s payment requirements that the buyer should meet in order to purchase goods on credit.
Examples of credit and cash discount periods
In this topic, you can find examples that demonstrate how the credit period and cash discount period are calculated based on the calculation method of the applicable payment terms.
Configure single-instalment payment terms
You use the Payment terms (CS206500) window to define each set of payment terms, including due dates and conditions for cash discounts when an outstanding balance is paid early.
Configure multiple-instalment credit terms
You use the Payment terms (CS206500) window to define each set of payment terms.
Disable credit terms
You use the Payment terms (CS206500) window to define each set of payment terms, as well as to change the target audience for which the terms are visible or disable a particular set of payment terms.