Automating Supplier Payment Terms

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

  1. Go to the specific Supplier’s Contact (say Supplier ABC)
  2. Go to ‘Purchasing’ tab
  3. Select relevant Payment Term
  4. Save

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And you’re done. So you when select the supplier in your purchase order, the payment terms will automatically appear.

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4 thoughts on “Automating Supplier Payment Terms”

  1. Question #1: I used to set 3 weeks payment terms for Supplier A, however, the only payment terms available in the system are 2 weeks and one month. The system allow me to add another payment terms of 2 weeks on the go.

    a) True
    b) False

    • Correct Answer: a) True

      Explanation: Yes, one can always add another payment terms option by click on the button with “right” arrow.

  2. Question #2: For Supplier B, I wanted to set 2 weeks payment term as default when he buy product X and 3 weeks payment term for product Y. Can the system allow this?

    a) Yes
    b) No


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