Help on Pay Term

This Help page allows you to search for and select a pay term and transfer the same to the field in which it is required.

You can carry out the search using the pay term number, description, type and category. The system retrieves all the pay terms, which are in the “Active” status, based on the search criteria entered. On confirmation, the selected pay term is transferred to the required page.

Click the lens icon positioned next to the “Pay Term #” field in the main page.

The “Help On Pay Term” page appears.

The system displays the following field:

Date Format

The format in which the date fields are displayed, in this page. This format is displayed from the "User Preferences" business component based on the login user ID. In case the format is not defined, the system displays the date format from the "Enterprise Modeling" business component by default.

Enter the following fields in the “Search Criteria” group box, to search for a pay term:

Pay Term	The code that identifies the pay term that you need to retrieve (Alphanumeric, 25). You can enter the number in full or specify it partially using the “*” character. The system retrieves all the ‘active’ pay terms that are defined in the “Create Pay Term” activity and are similar to the value entered here. Leave this field blank, to search for pay terms irrespective of the pay term code.
Pay Term Type	Use the drop-down list box to specify the type of pay term that you need to retrieve. The system provides the options, “Advance” or “Net”. The system retrieves the pay terms, which are of the type specified here. Leave this field blank, to search for the pay terms irrespective of its type. The system sets this field blank by default.
Pay Term Description	The textual description of the pay term that you need to retrieve (Alphanumeric, 80). You can enter the description in full or specify it partially using the “*” character. The system retrieves all the pay terms that are similar to the description entered here. Leave this field blank, to search for the pay term irrespective of the pay term description.
Pay Term Category	Use the drop-down list box to specify the category of the pay term that you need to modify. The system lists all the pay term categories that are defined in the “Create Pay Term Category” activity of the “Logistics Common Master” business component and is in the “Active” status. The system retrieves all the pay terms that are of the category specified here. Leave this field blank, to search for the pay term irrespective of its category. The system sets this field blank by default.
Pay Term Classification	Use the drop-down list box to specify the classification of the pay term. The system lists the following options: ‘Date Based' - Select this option if you wish to classify the pay term on the basis of dates. 'Days Based’ – Select this option if you wish to classify the pay term on the basis of days. The system sets this field blank by default. Leave this field blank if you wish to retrieve the pay term details irrespective of the classification.

Note: Leave all the fields blank, to retrieve all the pay terms that are effective as on current date and are in active status.

Click the “Search” pushbutton, to search for the pay terms.

The system displays the following in the “Search Results” multiline, based on the search criteria entered.

Pay Term	The pay term retrieved by the system.
Pay Term Description	The textual description of the pay term.
Pay Term Type	The type of pay term as “Advance" or “Net”.
Pay Term Category	The category to which the pay term belongs. The various categories for the pay term are defined in the “Create Pay Term Category” activity of the “Logistics Common Master”.
Pay Term Classification	The classification of the pay term, which could be either “Date Based” or “Days Based”.
Effective From	The starting date, in a range of effective dates, from which the payment term is applicable.
Effective To	The ending date, in a range of effective dates, till which the payment term is applicable.
Proportionate Discount	The system displays “Yes” or “No”, to indicate whether to calculate proportional discount amount for the payment made or not.

Check the box in the “Select” column of the multiline to select a pay term.
Click the “OK” pushbutton.