On the form, you can specify a description for the Purchasing Payment Terms and the payment schedule.
The Purchasing Payment Terms (create) form
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- Prepayment: If this stage type is used, the entity must pay a prepayment; then, during the specified number of days (the Days column)only then the goods will be shipped by the supplier.
- Payment on Delivery: This installment must be paid to the supplier on delivery of the goods and services (when the goods are received).
- Credit: This installment must be paid within the specified number of days after the goods had been delivered.
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