Payment Conditions

Payment conditions are used for Discount. They are copied from the Suppl./Cust. card into the documents.

For entering payment conditions you use the Payment conditions button. Form, which enables to enter a maturity and the conditions of the first and the second discount at once, will display.

Picture: 1st page of sales order with payment conditions

You can also use the Payment conditions tab to enter the payment conditions in a similar way on the 1st page. When pressing Enter key on a line marked with the cursor, form with defined payment condition will be displayed.

Picture: The Payment Condition Definition form

Fields description:

Payment within (days)	You can enter maximum number of days by when the invoice must be paid so as the discount percentage must be valid.
Cash discount. (%)	Discount percentage which is valid when above-mentioned two conditions are fulfilled.
Cash discount from net amount	In case of selecting the field, the discount is calculated from net amount, otherwise it is calculated from gross amount.

On the Invoices out are Payments conditions for cash discount rounded by setting rounding in Payment method.

Payment conditions for cash discount given in invoices have effect on amounts in the payment documents. That means when you pay an invoice in by banker’s order and conditions for cash discount are fulfilled, an amount with deducted cash discount percentage will be inserted automatically into the banker’s order. Payments by means of cash register, bank statement and internal document are executed in the same manner.