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Payment Terms: Process Table

The 'Payment Terms' table is used to maintain payment conditions. For each payment term, it must be specified whether it can be used for purchases, sales, or both.

Attention!
This manual has been developed for the MKG004 software. If you are using MKG5 or MKG3, the description of the operation may differ in some places from your environment. We aim to create a product-specific description for this topic in the future as well.

There are some special payment terms possible which are explained here. When using the marked payment term “after 30 days end of month,” the payment date is determined by first adding 30 days to the invoice date and then taking the last day of that month as the due date.

The number of days entered in 'Due Days' determines the aging analysis of outstanding debtor and/or creditor items.

Financial: index

Accounts Receivable Management

payment terms invoice date due date payment period purchase index due dates

Published:24 feb 2026 22:12
TypeHandleidingen
Category
Financial, Payment Terms
Product
MKG5 MKG3
Availability
Openbaar

Payment Terms: Process Table

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