1676638 - How to Add a New Payment Term And How To Change the Current Payment Terms

Adding a new Payment Term or changing the current Payment Term.

You can reproduce the issue by following the steps below :

1. Go to the Sales Order work center
2. Go to the Sales Order view
3. Edit Sales Order XYZ (XYZ represents the identification of a sales order)
   Under payment the new payment terms need to added.

If you need to create/update a new payment term you need to add this option in the Activity Accounts in Business Configuration work center.

We can follow the below steps and add/update new payment terms in sales orders :

Your project is Complete (after go-live) :

1. Go to Business Configuration work center
2. Go to the Overview view
3. In the Business Configuration search area
4. Select Show All
5. Search for accounts
6. Select the Fine tuning activity Accounts
7. Click on Change Immediately
8. A new sub window (tab) gets opened
9. Click on Maintain Payment Terms
10. Add row -> Here you can maintain the payment terms
11. Click Save.
    

Your Project is in Process :

1. Go to Business Configuration work center
2. Go to the Implementation Projects view
3. Select the relevant Project
4. Select Activity List
5. Go to the Fine Tune Step
6. Select the Fine tuning activity 'Accounts'
7. Click on Maintain Payment Terms
8. Add row -> Here you can maintain the payment terms
9. Click Save.

KBA , payment term , SRD-FIN-CLM , Cash and Liquity Managment , How To