QAD 2017 Enterprise Edition > User Guides > Financials > Setting Up Business Relations > General Data for Customers and Suppliers
  
General Data for Customers and Suppliers
You define three types of codes used within the system to manage the invoice process, format payment files, and calculate credit and due dates for both customers and suppliers. Define these codes before you begin setting up either customers or suppliers:
Invoice status codes manage the stages of invoice processing.
Credit terms manage the calculation of due dates.
Payment formats create files for electronic delivery to customer and supplier banks.