Edit Pay Term – A summary of the activity

The “Edit Pay Term” activity allows you to modify the details of pay terms that are already defined in the “Create Pay Term” activity of the current business component. The ”Select Pay Term” page allows you to specify the search criteria and select the pay terms that you need to modify.

The “Edit Pay Term” page helps you to modify pay term details such as pay term status, description, whether to calculate proportionate discount, effective date period for the pay term, pay term type and category. In this page, you can also modify related information such as due days, due percentage, discount days, discount percentage and penalty percentage.

Getting familiar with the pages inside

What you can do in this activity

Modify pay term details

Modify pay term details

You can modify the pay term details such as pay term status, description, whether to calculate proportionate discount, effective date period for the pay term, pay term type and category. You can also modify related information such as due days, due percentage, discount days, discount percentage and penalty percentage.

• Select the pay term to be modified, in the “Select Pay Term” page.

• Use the “Edit Pay Term” page, to modify the pay term and related details.