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:

  1. Open  Order Entry > O/E Transactions.  
  2. Select Order Entry, Shipment Entry, or Invoice Entry.
  3. Enter the number of the transaction whose terms you want to change (you can manually enter a number, or you can select a number using the Finder ). You cannot change the terms for a completed order, an invoiced shipment, or a posted invoice.
  4. On the Customer tab, change the terms code or other payment terms as necessary.
  5. Click Post.