Terms of Payment

Terms of Payment

 

Basic functions of Terms of Payment
  • Display of a message text during the entry of sales documents, e.g. “Caution, Payment in advance!”
  • Automatic calculation of payment dates and payment amounts
  • Any collection of payment conditions depending on payment type and payment date
  • Define a default payment condition
  • Special issue of payment instructions for document printing, e.g. “Attention, Cash on Delivery!”
Additional functions of Terms of Payment
  • Relation to Financial Accounting (FA)
  • Batch processing and transfer

 

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