Configure single-instalment payment terms

Before you start

You use the Payment terms window to define a particular set of payment terms. For a set of payment terms, you can specify the payment as a single instalment.

To configure payment terms as multiple instalments, see Configure multiple-instalment payment terms.

1. Go to the Payment terms (CS206500) window.

2. In the Terms ID field, type the identifier of the payment terms. The ID can have up to six characters.

3. In the Description field, type the description of the terms.

4. In the Visible to field, select the visibility of these payment terms, that is, whether they are listed as available, so that you can select them:

   • All: You can assign the terms to both suppliers and customers.
   • Suppliers: You can only assign the terms to suppliers.
   • Customers: You can only assign the terms to customers.
   • Disabled: The terms are not available for either suppliers or customers.

5. Go to the Instalment settings section. In the Instalment type field, select Single.

6. Go to the Due date settings section. In the Due date type field, select the due date type.
   

7. Depending on the due date type you selected, specify the available values (if any).

8. Optional: In the Cash discount settings section, select a setting for any discount for early payment:

1. In the Discount type field, select the discount date type. The available options depend on the option you selected for the Due date type.
2. In the Discount day field, specify the number of days or the particular day of the month, depending on the option you selected in the Discount type field. (This field is unavailable for some discount type options.)
3. In the Discount (%) field, specify the percent you wan to apply to the document total amount to calculate the discount percentage.
   
9. Click .