Terms

Terms is used to view and edit all existing terms that you have entered into ObjAcct.  Terms are used for customer invoices as well as vendor bills and vendor credits. 

Terms indicate the interval between the date of the document and when the document is actually due and if any discount is available for early payment. 

Time can be saved during data entry by establishing default terms codes when you set up Vendors or Customers.

See also Terms List screen; Terms General and Other screens.

Fields

Active

Discount Days/Date

Discount Percent

Due Days/Date

Minimum Days

Terms

Type

Used By

Reporting

Terms List