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what is Payment Terms ? without payment terms can u possible make the payment ?

Discussion in 'Oracle Apps Technical' started by ramprasad.cgs, Jan 13, 2015.

  1. ramprasad.cgs

    ramprasad.cgs Active Member

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    what is Payment Terms and payment batch ? without payment terms can u possible make the payment ?
     
  2. yowancristo

    yowancristo Forum Advisor

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    Payment Terms are used for scheduling the payment of invoice. The payment term is a mandatory field for Invoice creation and will be defaulted from supplier/supplier site and can be overridden manually at Invoice level as well.

    Please refer the link for more info.

    https://docs.oracle.com/cd/A60725_05/html/comnls/us/ap/pmtterms.htm