Enter the numeric equivalent of the terms here. This field is used to determine when payments to this vendor are due.

 

 

Your terms may be NET 14; however, if you pay within 10 days, your vendor gives you a 1.5% discount.

 

•Enter 1.5 in the Payment Disc % field.

•Enter 10 in the Pay Dsc Day field.

•Enter 14 in the Net Due Day field.