When creating a profile of the supplier (in expenses), does "Terms" means days after which the payment will be made? If i chose 30, payment will be made after 30 days?
When creating a profile of the supplier (in expenses), does "Terms" means days after which the payment will be made? If i chose 30, payment will be made after 30 days?
When creating a profile of the supplier (in expenses), does "Terms" means days after which the payment will be made? If i chose 30, payment will be made after 30 days?
Hi finance51,
Thanks for your post and welcome to the community!
You are correct, the payment terms specify the length of time a transaction has to be paid by the customer.
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