Maintain Terms

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Introduction

• Credit Terms use to calculate the due date for the documents like sales invoice, cash sales, sales debit note, purchase invoice, cash purchase, and purchase debit note.

Create New Terms

• Screenshot below is the Currency entry form.

Field Name	Explanation & Properties
Currency	Input the new currency code Field type : Alphanumerical Length : 6
Symbol	Input the ISO Currency code, eg MYR, SGD, USD, etc. Field type : Alphanumerical Length : 6
Description	Input the Currency description Field type : Alphanumerical Length : 30
We BUY at rate	Exchange rate relate to PURCHASE module Field type : Numeric
We SELL at rate	Exchange rate relate to SALES module Field type : Numeric

Create Periodic Exchange Rate Table

• You can define periodic exchange rate from date to date.
• Click on the (+) sign to insert or (-) sign to remove. See below screenshot.

• See below screenshot as example.

Doc Type	Doc Date	Exchange Rate
Sales Invoice	02/01/2013	SellingRate = 3.2055
Cash Sales	15/02/2013	SellingRate = 3.1890
Purchase Invoice	15/01/2013	BuyingRate = 3.2112
Cash Purchase	08/02/2013	BuyingRate = 3.1550