Payment Terms setup on Microsoft Dynamics Nav Business Central.

Dear Friends,

Today we will learn how to configure a payment term.

Step 1:

Go on the following menu:

Main Menu --> Department --> Financial Management --> Payable --> Setup --> Payment Terms.

Step 2:

Click on the button New and fill the information.

Code	Enter a code for payment term
Due Date Calculation	Enter the due date calculation
Discount Date Calculation	Enter the discount date calculation
Discount %	Enter the discount percentage
Calc. Pmt. Disc. on Cr. Memos	If you want to calculate payment discount on credit memos
Description	Enter a description for the payment term.

Click on OK to close.