Automating the payment terms


When handling the reception of payments from your customers or when paying your own suppliers, you will need to set different terms and conditions for these payments. Setting payment terms allows you to personalise the frequency of third party payments.

To create a payment term:

  1. Access the Payment terms.

    Configuration > Third party – Payment terms

  2. Create a new line in the grid.
  3. Enter a Name.
  4. Add the payment term details.
    You can use the terms already present or you can use the following examples:

  5. Create the payment terms.

After completing these steps, your payment terms are ready to use in the application and can be attached to the relevant third party.


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