Maintain Terms

From eStream Software
Jump to: navigation, search

Menu: Tools | Maintain Terms...

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.
Maintain Terms-Browse.jpg


Create New Terms

Screenshot below is the Terms entry form.
Maintain Terms-EntryForm.jpg
Field Name Explanation & Properties
Code
  • Input the new terms code
  • Field type : Alphanumerical
  • Length : 10
Description
  • Input the Terms description
  • Field type : Alphanumerical
  • Length : 80


Term Types

You have to select an appropriate term type. It has an impact on the due date calculated.
There are 3 types of terms:
  1. Due in number of days
  2. Due on specific day of the month
  3. Due in the month end
Maintain Terms-Types.jpg


Due in number of days

Maintain Terms-Types1.jpg
Terms Doc Date Due Date
90 02/01/2013 02/04/2013
90 15/02/2013 16/05/2013


Due on specific day of the month

Maintain Terms-Types2.jpg
Terms Doc Date Due Date
90 02/01/2013 30/03/2013
90 15/02/2013 30/04/2013


Due in the month end

Maintain Terms-Types3.jpg
Terms Doc Date Due Date
90 02/01/2013 30/04/2013
90 15/02/2013 31/05/2013