Creating Credit Terms
Use the Credit Terms activities (36.1.10) to create, view, modify, or delete a credit terms code. Only credit terms that are not referred to elsewhere in the system can be deleted.
Credit Terms Create
Field Descriptions
Credit Terms Code
Specify a code (maximum of eight characters) that identifies this credit term. You cannot modify existing credit term codes. This field is mandatory; the code cannot be blank.
Description
Enter a brief description (maximum 40 characters) of the credit term. This field is mandatory; the description cannot be blank.
You can optionally enter descriptions in more than one language. For more information on the Translation Option, see
Introduction to QAD Enterprise Applications User Guide.
Payment Type
Select the type of payment: Normal or Staged.
The payment type determines which tabs can be used to configure the credit terms code. Normal and Discount are used with normal payment type; Staged is used with the Staged payment type.
Active
Indicate if this is an active record.
