Terms Setup

Overview of AR05

A/R Terms Setup is used to set up billing terms for customers. Terms are used when setting up customer accounts in the Customer Entry program. The terms set up here appear in the Terms pop-up selection box in the Customer Info window in Customer Entry.

• From the DDI Connect main menu, double-click Accounts Receivable
• Double-click Setup
• Double-click Terms Setup. The parameters screen will launch:

To add a new term, click the Add button on the toolbar. The fields will enable for data entry:

The following fields are available on this screen:

Field	Description
Terms code	Enter the code that you wish to use for this term
Description	Enter a brief description of the term
Due date method	Select either days after invoice date or day of month
Due days	Number of days after which invoice is due
Discount days	Number of days after invoice date until discount expires
Past due days	Number of days after due date that the invoice becomes past due
Discount percent	Percent of invoice that is applied as a discount

When you have finished entering the information, click Save to retain your changes.