# Payment Terms Listing (TERMS.R1)
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Form Details
Form Details
Purpose
The TERMS.R1 procedure is used to produce a listing of all the payment terms
defined.
Frequency of Use
As required.
Prerequisites
Entry of payment terms records ( TERMS.E ).
Data Fields
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.