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CREDIT TERMS CODE
Function Select
RF223S01 - Function Select
WILLIAMS COMMON FEATURES 11/16/92
DSP01 REFERENCE FILE CATEGORY 223 FUNCTION SELECT
Category Name CREDIT TERMS CODE
CREDIT TERMS CODE
Category Key BA
XX
Request Code 4
1 - Add
2 - Change
3 - Delete
4 - Inquire
F2=Command F3=Exit F7=End Category F8=Display List
F9=Inquiry
The Credit Terms category contains the user-defined credit terms codes. Each credit terms code relates to information used to calculate the discount percent, the discount days, the delay days, and the number of installments (if desired). This is not a required category. If no records are created for this category, discount amounts, discount dates, and due dates must be entered on system screens.
You may only inquire upon credit terms through this category. Any credit terms maintenance must be performed through the Credit Terms Maintenance conversation.
CREDIT TERMS CODE
Required. Enter the credit terms code that you wish to inquire upon.
Detail
RF223S02 - Detail
WILLIAMS COMMON FEATURES 11/16/92
DSP01 REFERENCE FILE CATEGORY 223 INQUIRE
Category Name CREDIT TERMS CODE
CREDIT TERMS CODE
Category Key BA
DISCOUNT PERCENT DAY/DATE DISCOUNT DAYS DISC EOM
Data 0000 1 000 N
NNDD X NNN Y
NET DAYS NET EOM FDO DELAY PAYMENT TYPE
Data 000 N 1 02
NNN Y X NN XX
NO OF INSTALLMENTS INSTALL SHIFT CREDIT TERMS DESC
Data 005 M 5 PAYMENTS AT EOM
NNN X TTTTTTTTTTTTTTTTTTTT
F2=Command F3=Exit F9=Inquiry F10=Function Select
The Credit Terms Code Detail screen shows the detail information associated with a credit terms code. You may not change any information on this screen. If you wish to maintain the credit terms code definition, you must used the Credit Terms Maintenance conversation.
DISCOUNT PERCENT
Display only. Must be numeric with two decimal places.
DAY/DATE QUALIFIER
Display only. The Day/Date Qualifier indicates whether the discount and due dates will be calculated by interpreting the Discount Days/Date and the Net Days/Date entries to be elapsed days or dates. Must be 1(days) or 2(date).
DISCOUNT DAYS/DATE
Display only. If the Day/Date Qualifier is set to 1(days) then the Discount Days/Date defines the number of days for the discount calculation. If the Day/Date Qualifier is set to 2(date) then the discount date is the date of the Discount Days/Date entry. Must be numeric with no decimal places.
DISCOUNT END-OF-MONTH FLAG
Display only. The Discount Days End-Of-Month Flag determines whether the calculation of the discount date is based on the beginning of the current month or the next month. Must be Y (from the end of the current month) or N (from the beginning of the current month).
NET DAYS/DATE
Display only. If the Day/Date Qualifier is set to 1(days) then the Net Days/Date defines the number of days for the net date calculation. If the Day/Date Qualifier is set to 2(days) then the net date is the date of the Net Days/Date entry. Must be numeric with no decimal places.
NET END-OF-MONTH FLAG
Display only. Determines whether the calculation of the payment due date is based on the beginning of the current month or the next month. Must be Y(from the end of the current month) or N(from the beginning of the current month).
FROM-DATE-OF-CODE
Display only. Indicates the date on which the calculations of the discount date and the payment date are based. Valid entries are:
1 - Accounting Date
2 - Vendor Invoice Date
DELAY DAYS
Display only. Used to calculate the payment due date; defines the number of days to be added to the Pay Date. Must be numeric with no decimal places.
DEFAULT PAYMENT TYPE
Display only. The default payment type code that will be used on all purchasing and invoice entry documents that use this payment term. If you are defining installments, this field will be used as the default payment type for each installment.
NUMBER OF INSTALLMENTS
Display only. The number of installments defined for the credit term. If installments are not defined for the credit term, the value must be zero. If installments are defined, the number must be greater than one.