Terms Codes are used to set up the payment terms given to the customer. The Terms Code is tied to the customer on the Address & Information tab on the Customer Maintenance window. The Customer List by Terms Code report lists customers by Terms Codes.
- On the Terms Code Maintenance window at Main Menu / Supervisor Menu / Maintenance Menu / Maintenance Tables / Terms Code, select Create. Optionally select a Terms Code to make any necessary changes.
- Enter the Division for the Terms Code.
- In the Terms Code field, enter a unique identifier. The terms code can be up to two numeric characters.
- Enter a Description for the Terms Code.
- In the Number of Days Due box, enter the number of days in which payment should be made.
- Choose Save.
