SECTIONSAccount Credit Terms Fields
Here is a description of the fields on the Account Credit Terms object.
|
Field Name |
Description |
|---|---|
| Account | Lookup to the account these credit terms belong to. An account can be linked to only one account credit terms record. |
| Account Credit Terms Name | The name used to identify the credit terms. |
| Base Date 1-4 | The rule that determines the date on which terms will be calculated. The options are: Invoice Date, Start of Next Month, End of Next Month. This field is mandatory if the corresponding Days Offset field is set. |
| Days Offset 1-4 |
The number of days, relative to the base date, before the due date. A positive number means the due date falls after the base date, a negative number means the due date falls before the base date, 0 (zero) means the due date falls on the base date. |
| Description 1-4 | A description of the credit terms. If left blank but the corresponding Base Date field is set, this defaults to the credit terms name. |
| Discount 1-4 | The percentage discount to be deducted if payment is made within these terms. These Discount fields are only available if Accounting has been updated to use the Foundations credit terms. |