Payment Terms Template
How to use Payment Terms Template in Banking & Payments: access, working steps, fields, related records and troubleshooting.
Purpose and access
Record receipts, payments and transfers with the correct party, accounts, currency and allocation. Reconcile bank activity with ERP entries. A payment record is not a bank transfer instruction unless a separately configured integration performs that action.
This page is a record page in Finance & Accounting → Banking & Payments. Use the link above to open the configured destination; permissions are checked by the destination service.
Before you start
Prepare the required information: Payment Terms.
Confirm the company, party, dates, units and source references that apply. Select existing links carefully and check for an existing record before creating a duplicate.
Working steps
- Open Payment Terms Template from Finance & Accounting → Banking & Payments, or use ERP Search.
- Filter the list and open the relevant record. To add a record, use Add/New when your role provides that action.
- Complete the editable fields described below. Required fields and validation conditions must be satisfied; read-only values are set by the system or their source records.
- Add the required child rows. Review each row’s identifiers, linked records and values, using the child-table field reference below.
- Save the record and address validation messages. Reload and verify the saved values and relationships.
- Use any additional workflow actions only when the record and your role provide them. Saving this record does not automatically complete a related transaction or external action.
Field reference
These fields come from the installed ERP definition. Hidden fields and password inputs are omitted. Additional conditions, custom scripts and workflow rules can make a field required or read-only in a particular context.
| Field | Type / behavior | How to use it |
|---|---|---|
Template Nametemplate_name | Data Optional | Enter the identifier or short text requested by the label. Preserve external reference numbers accurately. |
Allocate Payment Based On Payment Termsallocate_payment_based_on_payment_terms | Check Optional | If this checkbox is checked, paid amount will be splitted and allocated as per the amounts in payment schedule against each payment term |
Payment Termsterms | Table Required | Add the relevant child rows and review required columns, quantities and references before saving. Linked record: Payment Terms Template Detail |
Child tables
Payment Terms — child-row fields
| Field | Type / behavior | How to use it |
|---|---|---|
Payment Termpayment_term | Link Optional | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Payment Term |
Descriptiondescription | Small Text Optional | Provide concise contextual information relevant to the record. Avoid unrelated personal or confidential data. |
Invoice Portion (%)invoice_portion | Float Required | Enter a numeric value using the required unit and precision. |
Mode of Paymentmode_of_payment | Link Optional | Choose an existing linked record. Check its company and ownership; typing a label alone does not create a new relationship. Linked record: Mode of Payment |
Due Date Based Ondue_date_based_on | Select Required | Choose one of the configured list values. Status fields may be controlled by the record workflow.Available choices
|
Credit Dayscredit_days | Int Optional | Enter a whole-number value. |
Credit Monthscredit_months | Int Optional | Enter a whole-number value. |
Discount Typediscount_type | Select Optional | Choose one of the configured list values. Status fields may be controlled by the record workflow.Available choices
|
Discountdiscount | Float Optional | Enter a numeric value using the required unit and precision. |
Discount Validity Based Ondiscount_validity_based_on | Select Optional | Choose one of the configured list values. Status fields may be controlled by the record workflow.Available choices
|
Discount Validitydiscount_validity | Int Optional | Enter a whole-number value. |
Troubleshooting
- Not permitted: verify the account, role and source-document permission. Do not share an administrator login.
- Missing record or address: inspect the relevant Link or Dynamic Link fields; a matching title alone does not establish a relationship.
- Cannot save or change status: review required fields, read-only values, document status and the configured approval transition.
- Unexpected report or portal result: review company/date filters, source-document submission and the approved party or Employee link.