Defining Payment Term Master - IRS Software

Defining Payment Term Master

Setting – Payment Term – Payment Term Master

  1. Payment Term  Master  is  a  template  to  maintain  the  Payment  Term  data  for  all
  2. In Payment Term Master, you can enter all the terms that your company is having transactions with.
  3. Payment Terms that entered here will, later on, appear as an option for the other company’s payment term.

To Add/Edit/Delete Payment Term Master

  1. 1. Choose Settings > Payment Term > Payment Term Master.
  2. 2. To Add/Edit new Payment Term Master, click Add/Edit button.
  3. 3. Enter relevant details.
  4. 4. To Delete Payment Term Category, click Delete button.
  5. 5. Select Yes or No.
  6. 6. Click Save.

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