Invoice Term List
Invoice Terms allows you organization to maintain invoice terms that define when vendors expect payment (e.g., 30 days or on the 1st day of the next month). Invoice terms may also include discount periods and discount terms (e.g., 2% 10, Net 30). The discount period and terms specify that if your municipality makes payment in full within the agreed upon number of days from the receipt of the invoice, your municipality is eligible to receive a percentage discount.
The Invoice Term List page allows authorized users to view a list of all invoice terms that have been defined. From this page, you can add new invoice terms, and edit or delete existing invoice terms.
To access the Invoice Term List page, go to Maintenance > new world ERP Suite > Miscellaneous Definitions > Invoice Terms.
Add or Edit an Invoice Term
To add a new invoice term, click New. To edit or copy an existing term, click the Term Code hyperlink to open the record. See Add or Edit an Invoice Term for more information.
Delete an Invoice Term
To delete an invoice term, select it in the list and click Delete.
The Delete button is hidden or disabled if you do not have the appropriate security permissions. If you are authorized, when you click Delete you are prompted to confirm the deletion.
Refresh the Page
If needed, click Refresh to repopulate and update the list on the page to include any changes made by you or other authorized users.
Print an Invoice Terms Listing
- To print a report of all invoice terms, click Print. This Print button is hidden if you do not have the appropriate security permissions.
- Click OK to submit the listing to myReports.