Create New Payment Terms
To set up new payment terms
- On the Codejig ERP Main menu, go to the Banking module, and then select Payment terms.
A listing page of the Payment terms directory opens.
- On the listing page, click + Add new.
You are taken to a page for defining payment terms.
- Provide a name and net terms for payment terms.
- Activate terms if necessary.
- Click Save.
Newly created terms of payment appear as a table entry on the listing page. Now, if activated, they can be selected as payment terms for sales and purchase documents.
Payment Terms: Discount Terms Tab