Client Payment Terms

The Client Payment Terms screen defines the number of days from the Bill Document Date that the client must pay a bill or be penalized with past due interest. A payment term is assigned to each client and becomes the default for the project bill terms.

General

In the General area, define the client payment terms.

Field		Description
	Code	Enter a unique alphanumeric key to identify the document. Once a code has been entered and the document has been submitted to final, it typically cannot be changed.
	Name	Enter a name to describe the document. The name does not have to be unique.
	Term Days	Enter the number of days from the Bill Document Date that the client must pay a bill or be penalized with past due interest. This field is for reporting purposes only.
	Past Due Interest %	Enter the percent of interest charged to the client if the invoice is not paid by the due date. This field is for reporting purposes only.
	Status	Select the status of the document.