The "Term" records show up as a Popup menu. Terms are found in various records for assigning payment terms for the Customer's purchases, as well as terms extended to the User in purchases from Vendors.
Play Movie: uF_Terms.MOV
Choosing Terms... opens an Output layout listing all "Terms" records in the database. From the Output layout, actions are taken on current records and new records are added.
To view and/or modify a current record, double click on the record. This opens the Input layout.
To add a blank record; Actions menu > Add Record.... This opens a new record to be filled out. The fields in the "Terms" record are described below.
Code is up to 3 alpha-numeric characters long.
Approved By is the person who sets up the Term.
Approved Date is the date the "Term" record is created.
Description is the Term's written out description.
Due Days is the number of days until the payment is due.
Discount Rate is used to give a discount for a payment during the discount days.
Discount Days is the number of days the discount rate is in effect.