Change Payment Terms
Overview
Payment terms can be as simple as a due date and a discount date and rate, or they can include payment schedules to allow for several installment payments.
All payment terms are defined in Accounts Receivable and assigned to A/R customer records, but you can change the terms on the Customer tab of the Order Entry form, Shipment Entry form or Invoice Entry form before you post the invoice.
For detailed information about using terms codes, see the Accounts Receivable Help.
To change payment terms for a sales order, shipment, or invoice:
-
Display the order, shipment, or invoice whose terms you want to change.
-
Open Order Entry > O/E Transactions > Order Entry, Shipment Entry, or Invoice Entry.
-
Type the number of the transaction that you want to edit, or select it from the Finder.
Note: You cannot change the terms for a completed order, or for an invoiced shipment, or for a posted invoice.
Click here for help on Order Entry fields.
Click here for help on Shipment Entry fields.
Click here for help on Invoice Entry fields.
-
Click the Customer tab, then change the terms code, discount, or other payment terms as necessary.
-
Click Post.