Payment Terms


In this table you create the valid Terms of Payment used when calculating Due Dates for the invoices.



Payment Term Code

Insert a Code for the Term.

Due Days

Insert the number of days credit.

CM Days

Choose the calculation method:

  • Net Cash will add the number of days to the invoice Date
  • End of Month will add the number of days from beginning next month to the Invoice Date.
  • End Half Month will add the number of days from the 15th of the month or last day of the month to the Invoice Date.
  • End Two Month will add the number of days from the beginning of the second month after printing the Invoice.

Now press the Add-button on the Payment Term text information block to insert a description of the Code.


Language Code

Choose a valid Language from the drop-down list. This will enable you to print the Terms in different 

languages depending on the Customer Language Code.

Text 1+2

Insert a text describing the Code in the Language selected. 

                       

Press Save [F8] or Add [F2] to insert additional codes. If you regret press Reset.