Payment Terms List

Payment Terms List

Info
Module: Inventory 
Path: Products > Purchasing > Payment Terms List
Topic: Payment Terms List 
Version(s): Version 5.1 and up  
Editions: Commerce & Call Center Editions 

What Are Payment Terms List

Navigate to Products > Purchasing > Payment Terms List.  The payment terms displayed here are then associated to designated suppliers in order to have purchase orders generated for inventory and identify the type of payment agreed upon between vendors. 

Making The Connection

Where Will I See This Within OLX?

This part of the inventory module is only applicable when intending to create PO's in OrderLogix, and the payment terms can be associated to multiple suppliers. Once a payment term is attached to a supplier, when you create a purchase order and select that supplier only the payment terms associated will display in the drop-down menu.

What Reports Can Be Pulled?

  1. at this time there are no reports relating to Payment Terms

What Imports/Exports Relate to Payment Terms List

  1. at this time there are no im/exports relating to Payment Terms

Trouble Shooting


Setup



Tool Bar

Utilizing the buttons on the tool bar  you can: 
Go back to the previous screen 
Add new 
Print 
Minimize module 

Filter

You can use the filter options to narrow down the displayed selections.
 
  1. Client
  2. Code
  3. Description
  4. Number of Days
Add additional filters by click the Add button 
Apply the filtered selections by clicking Apply Filter 
Remove the filtered selections by clicking Remove Filter 
To show inactive accounts in the displayed records check Show Inactive 
You can set the number of records to be displayed 


Add New

  1. To edit an existing record, click on the edit pencil next to the record you wish to edit.
  2. To add a new record, click on the Add New button in the blue module bar.
    1. A new window will pop up.

    1.  


  1. Client - payment term should be associated to
    1. None - sets by default and allows to be used by multiple clients.
    2. if a specific client is set, only that client will be able to use that payment term
  2. Code - (or name) for the payment term that will be applicable when associating it through other inventory module areas.
    1. Products > Purchasing > Supplier List (Default Payment Term and Payment Methods tab)
    2. Products > Purchasing > Purchase Order List
    3. Products > Purchasing > Purchase Order Batch List
    4. Products > Purchasing > Automated Purchasing
  3. Description - for the term of payment that will display in the main list page.
  4. Number of days - when the payment is due.

* To save the changes click the Save button .
* To cancel any of the current changes you have made click the Cancel button .
      This will close the window without saving any changes.
* To apply the current changes, you have made click the Apply button .
* To print the current window, click the Print button .
* To delete the selection, click the Delete button .
      This will prompt you to make sure you want to delete this item.

  • Clicking OK will delete the selected item and close the window.
Copyright 2019
Revised 7.14.2025

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