This page is for business who have suppliers with varying payment terms. Say Supplier A has a 30-day credit term and Supplier B has a 60-day credit term, and you want to automate your Purchase Order (or Supplier Invoice), then this page is for you.
Note: For automating Customer Payment Term, read here.
Setting Up the Terms
- Go to the specific Supplier’s Contact (say Supplier ABC)
- Go to ‘Purchasing’ tab
- Select relevant Payment Term
(Click on image for larger view)
And you’re done. So you when select the supplier in your purchase order, the payment terms will automatically appear.