General description #

The relation payment terms report gives a summarized look of the accounts and financial details set for a relation. These details may vary for the various subsidiaries of a company or can be the same for all the subsidiaries of the company.

Columns #

• Relation name: The column displays the relation name. On hover, the column shows the short info text “Buyer/Seller of the product.”
• Payment condition purchase: The default purchase payment condition set for the relation is displayed in this column. On hover, the column displays the short info text “Payment condition purchase.”
• Payment condition sales: The default sales payment condition set for the relation is displayed in this column. On hover, the column displays the short info text “Payment condition sales.”
• Remarks: The remarks related to the payment condition are given in this column. On hover, the column displays the short info text “Remarks chosen in the contract or placed at stock lot.”
• Expiration Period: This column indicates the number of days during which the payment must be made in this payment condition. On hover, the column displays the short info text “Expiration period.”
• Due date method: This column explains the basis for the due date. For instance, whether the period set in the payment condition is determined by invoice date, loading date, unloading date, etc. On hover, the column displays the short info text “Due date method.”
• Auto collection: Whether the amount is to be auto-collected or not under this payment condition is displayed in this column. This value is given in either “✓” meaning ‘Yes’ or “✗” meaning ‘No’. On hover, the column displays the short info text “Auto collection.”
• No credit risk: Any credit risk involved in the payment condition is displayed in this column. The column header displays a short info text ” No Credit risk” when hovered over.
• Counsellors: On hover, the column displays the short info text “Counsellors.”
• Percentage in advance: This column gives the percentage to be paid in advance against the invoice where the payment condition is applied. On hover, the column displays the short info text “Percentage in advance.”
• Active: Whether the payment condition is currently active or not for the company is displayed in this column. On hover, the column displays the short info text “Active.”