Setting Up Payment Terms

To set up payment terms, use the Payment Terms (RB_PAY_TERMS) component.

This topic describes how to set up payment terms.

Page Name

Definition Name

Usage

Payment Terms Page

RB_PAY_TERMS

Define codes for payment terms and enter descriptive information and effective dates.

Use the Payment Terms page (RB_PAY_TERMS) to define codes for payment terms and enter descriptive information and effective dates.

Navigation:

Set Up CRM > Common Definitions > Customer > Payment Terms > Payment Terms

This example illustrates the fields and controls on the Payment Terms page.

Payment Terms page

Add the setID and payment term ID when you are adding a new payment term. Then, enter an effective date, status, and long and short descriptions.