Changing Payment Terms
Payment terms can be as simple as a due date and a discount date and rate, or they can include payment schedules to allow for several installment payments. More...
All payment terms are defined in Accounts Receivable and assigned to A/R customer records, but you can change the terms on the Customer tab of the O/E Order Entry screen, O/E Shipment Entry screen, or O/E Invoice Entry screen before you post the invoice.
For detailed information about using terms codes, see the Accounts Receivable help.
To change payment terms for an order, shipment, or invoice:
- Open Order Entry > O/E Transactions.
- Select Order Entry, Shipment Entry, or Invoice Entry.
- Specify the number of the transaction whose terms you want to change. You cannot change the terms for a completed order, an invoiced shipment, or a posted invoice.
- On the Customer tab, change the terms code or other payment terms as necessary.
- Click Post.