# Payment Terms Listing (TERMS.R1)
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The TERMS.R1 procedure is used to produce a listing of all the payment terms defined.
Frequency of Use
Entry of payment terms records ( TERMS.E ).
Terms ID The code which identifies the payment terms definition.
Description The description of the payment terms.
Discount Days The number of days within which the payment of an invoice must be made in order to take the early payment discount.
Discount% The percentage discount allowed if the invoice is paid within the discount number of days. (i.e. 2 = 2%).
Net Days The number of days within which payment of the invoice must be made.