Credit Terms are the terms, if any, that you extend to your customers. A set of credit terms was automatically created when you set up your new company. These can be changed to match your company's needs.
To view Credit Types, select Credit Type Maintenance from the Maintenance menu. The Credit Types Selection Table is displayed.
Credit Terms can be added by pressing the Insert button or existing entries can be modified by pointing to a payment method and then pressing the Change button to view or modify the selected entry. In both cases the Credit Terms Maintenance Form is displayed.
The form displays a field for credit term entry.