Create terms of payment in Microsoft Dynamics 2012

Hi friends, when you are using ERP software as Microsoft Dynamics AX 2012 here you can see some Tips about making a Terms of Payment which you want create in ERP.

            Each and every product buying there is having some procedure to make payments. Here now we are going to discuss about that now.

Companies have some rules and regulations for making a payment case by case it may differ while getting products for use the good. Those types of payments have to save in your ERP for future reference.

This method will help you while preparing the Purchase Order (PO).

Go to Account Payable >> Setup >> Payment >> Terms of payments

Terms of payment

 

Now the Terms of payments popup will show in front your screen.

Make sure that if you want to create a new Payment Terms, you choose the option new as mentioned like in the screen add the necessary thing which is shown. 

If you want to delete the Payment Terms you can do from here itself, Make sure that that deleting item wouldn’t use on any other PO or else which representing the particular Term.