Payment Terms Code Field

The Purch. Rcpt. Header Table

This field contains the code that the program uses to find the payment terms that apply to the purchase header.

The program copies the payment terms code from the Payment Terms Code field on the purchase header.

The payment terms are used to calculate the due date and payment discount date from the document date and to find payment discount percents.

You cannot change the payment terms code because the receipt has already been posted.