Another common drop down that may need to be modified as your business changes is your list of Terms of Sale and the associated Payment Schedule. See below on how to add a new Terms of Sale drop down:
New Terms of Sale Drop Down
Open Admin > Corporate Division Configuration
In the Corp Division Config, Click “Drop Downs” then locate “Terms of Sale” and click on it
Select New
Name your schedule in the “List It” field
Select your Corporate Division and “Save”
New Payment Schedule / Due Date
If you want your Vendor or Customer Invoices to automatically apply the correct due date at the time of entry you should ensure the settings are properly applied. If your customer Terms of Sale require a deposit you should also set that up here so that your Deposit Invoice properly splits out the calculation. To setup both see below instructions:
Select the Term of Sale from your Drop Down List
Place the amount of days in the “Invoice Due In” & Select “Save”
If there is a deposit involved, enter the % required and select “Set” which will put the deposit in the lower portion of this screen
Proceed to enter the remaining amount(s) in the “% of Order Due”, enter the “Schedule Text” and “Save”
Note: You can always adjust the “PaymentTermsLineText” directly in the grid if necessary