Overview
The Terms Codes report lists the information entered for each terms code to specify how to calculate due dates, discount amounts, and discount periods on invoices that use the code.
When to Print
Print the report when you add, change, or delete terms codes.
Information Printed on This Report
The report includes the following information:
- The range of terms codes included in the report.
- Terms code and description, and the date the terms record was last edited.
- The method used to determine the due dates for invoices assigned to the terms code. You can calculate due dates using a number of days from the invoice date, the end of the next month, a day of the next month, a number of days from a day of the next month, or using a due date table.
- Discount information, including the method used to determine the discount period, whether to include tax in the base for discount calculations, and the discount percentage.
- If the terms code uses a table to calculate due dates or discount dates, the report lists the information entered to set up the table.
- The details of multiple payment schedules, if used and if you selected the Include Multiple Payment Schedules option for the report.