Page setting information including Payment Type, Term and Credit Limit and information search by trade partners.
- Payment Term:
- NET + define the Days number
- End of Month + define the Days number
- Upon Receipt = Cash on delivery
- Credit Hold
- KOINFO
- Payment Type and Term are set by default to Credit NET and 30 Days respectively
- New TP creating will auto-put in default payment term
- To change the default Payment Term, using Set as default button will set the selected payment term as default payment term
- Delete payment term by clicking on trash can icon in No. column. Note: There must not be any TP using this payment term to delete
- Trade Partner
- Credit Limit: Credit Limit Amount (If a new invoice is issued to TP that exceeds the Credit Limit, the system initiates an alarm.) If credit limit is 0, limit is not applied
- Current Balance: is calculated for AR, D/N balance not paid under TP
- Over Limit: Exceed amount from credit limit, Over Limit= Current Balance- Credit Limit
- Credit Approved Date: The date on which a TP credit is approved
- Memo: Additional Information
- Update Trade Partner payment term: select TP, then click Move to with selected payment term, the selected TP will be moved to another payment term