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- Prepayment: The entity must pay this installment in advance. You can enter the payment date in the Pay Date column and specify the percent of prepayment.
- Payment on Delivery: This installment must be paid by the entity on delivery of the goods and services (when the goods are received by the entity).
- Credit: This installment of the payment must be paid within the specified number of days (in the Days column) after the goods have been delivered.
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