Terms Code Setup

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.

1. On the Terms Code Maintenance window, select Create. Optionally select a Terms Code to make any necessary changes.
2. Enter the Division for the Terms Code.
3. In the Terms Code field, enter a unique identifie. The terms code can be up to two numeric characters.
4. Enter a Description for the Terms Code.
5. In the Number of Days Due box, enter the number of days in which payment should be made.
6. Choose Save.