RE: How can we define more than one payment terms for Vendors

I want to define more than one payment terms for 1 vendor for example :

Vendor Name : ABC Pvt Ltd.

Term 1 : 2% Net 30

Term 2 : 3 % Net 45

Is it possible to define two terms for one Vendor.

ashwinji Rookie Asked on July 13, 2023 in Vendors.
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1 Answers

You’ll only be able to default one term, but you can create new payment terms Setup>Accounting>Accounting Lists then go to Terms and create the terms you want. You’ll just have to select which one you want when you go to enter the bill.


Hope this answers your quesiton

Rookie Answered on July 13, 2023.
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