Staged Payments Tab
Staged payments consist of a series of normal credit terms, staggered over time periods. Enter a credit term code and percentage of payment for each stage of the payment. The description of the credit terms code is displayed for reference. The payment percentages must total 100%.
Each credit term code that you enter for a stage must be unique and of type Normal.
Example: For a staged credit term code consisting of three stages, create the following codes for each of the stages: PC001, PC002, and PC003. Create a separate code for the staged payment: SP1.
Credit Terms, Staged Tab
