All Financials databases have a default terms template created, called STANDARD which includes all the fields and sections that you can populate depending on your agreement with your customers.
The Terms tab on the customer record hold all the discounts, order value limit, due and anticipated days among other important information. If you don't have any other terms templates created, the STANDARD template will be assigned to every customer record you create.
By creating new term templates, you can select the one you wish to be assigned to all new customer records. Just follow the steps on our Populate the Terms template for a customer article for more details.
You can create new terms templates and you can also edit the STANDARD terms template or any existing templates.
Edit the Standard terms template
Click Debtors then Settings then click Terms.
Note: All terms templates are displayed for you. You can narrow down your search by using the advanced filters. You can also search on the columns directly by pointing the mouse to the name of the column and click on the icon and choose from the available filter list, then click OK.Find the Code column and click on the hyperlinked or underlined text.
Note: The Action Panel automatically opens from the right-hand-side of the screen. You can close the panel by clicking on the arrow icon on the right-hand side middle of the screen.Click on the Edit button at the bottom of the screen to set the record into edit mode, then add your changes then click Save.
Note: If you can see the Close button instead of the Edit button, it means that you don't have access to edit the terms.
Duplicate an existing terms template
Click Debtors then Settings then click Terms.
Note: All terms templates are displayed for you. You can narrow down your search by using the advanced filters. You can also search on the columns directly by pointing the mouse to the name of the column and click on the icon and choose from the available filter list, then click OK.
Select the checkbox next to the record you wish to work with.
Note: The Action Panel automatically opens from the right-hand side of the screen.
Select the Duplicate action card then populate the fields and once you are done, click Save.
Create a new template
Click Debtors then Settings then click Terms.
On the top right-hand side of the Terms screen, click + New Record.
Enter all the values you want to capture.
Click Save.