Easily add common payment terms to Purchase Orders with just a few clicks instead of typing the text manually each time.
You will need security permission to add or edit Payment Terms, but not to use them on Purchase Orders.
(config C) When adding Purchase Orders you can make selecting payment terms via the dropdown the default.
What you'll find:
Tip
Add, Edit, Deactivate, or Remove all payment terms before clicking Save since saving also closes the window.
You can add multiple PO payment terms in agrē.
To add a payment term
Navigate to Accounts Payable > Manage > PO Payment Terms.
The Manage Purchase Order Payment Terms window opens.
In the Payment Term column, enter a payment term.
Each payment term can be up to 100 characters.
Ensure the Active box remains checked.
Click Save.
You can edit any of your existing PO Payment Terms at any time.
Editing a PO payment term will affect new purchase orders only; payment terms on existing purchase orders will remain as entered.
To edit a payment term
Navigate to Accounts Payable > Manage > PO Payment Terms.
The Manage Purchase Order Payment Terms window opens.
In the Payment Term column, change the text.
Click Save.
If you'd like to set up a PO payment term in advance, you can create it and leave it deactivated it until you need it. Or perhaps you have seasonal PO payment terms that should not be used at other times of the year - deactivate them when they're not needed.
Deactivating a PO Payment Term will affect new purchase orders only; the payment term on existing purchase orders will remain as entered.
To deactivate a payment term
Navigate to Accounts Payable > Manage > PO Payment Terms.
The Manage Purchase Order Payment Terms window opens.
Select the PO Payment Term to deactivate.
In the Active column, uncheck the box.
Click Save.
Removing a PO Payment Term deletes it from the database so it cannot be used again.
Removing a PO Payment Term will affect new purchase orders only; the payment term on existing purchase orders will remain as entered.
To remove a payment term
Navigate to Accounts Payable > Manage > PO Payment Terms.
The Manage Purchase Order Payment Terms window opens.
Select the PO Payment Term to remove.
Click Remove Payment Term.
Click Yes to confirm the removal.
The payment term is removed.
Click Save.