This catalog stores the terms types that supplier use to sell you the goods and materials: total amount by payments and due dates. We have included this feature for you to see you debt to each supplier at any moment of time.
To access the catalog, go to the ‘Purchasing’ section (see figure below).
To access the the list of purchasing payment terms, go to Purchasing > Master Data > Purchasing Payment Terms.
Maintaining the list of payment terms enables the company to correctly estimate cash flow.
The list of Purchasing Payment Terms
By default there is only purchasing payment terms type (the debt for it is calculated from the moment the goods or materials are shipped). It is editable. To edit a term type, double-click the line with its name or click the line and press the ‘More’ button located in the right toolbar. Then select ‘Edit’ from the drop-down list. You can right-click the line instead of pressing the ‘More’ button. To learn more about editing, see par. Create and edit purchasing payment terms types.
As the list is filled and for convenience of work, you can change its display settings. Press the ‘More’ button in the catalog right side toolbar and select ‘Configure list...’ from the drop-down list. To learn more about the lists display settings, see par. Work with the item list.
The hierarchy structure is built using the Create Group button on the catalog toolbar. The number of dependency levels is unlimited. To create a group, enter its description. If the created group is part of another group, please specify the parent group in the Folder field (see figure below).
Purchasing Payment Terms Types (create folder) form
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