How to setup Accounts Receivable term codes in Sage 100

Summary

Resolution

• Setup for Due date to fall on specific day of the month.

1. Open Accounts Receivable, Setup, Terms Code Maintenance
2. Enter or select a Terms Code
3. Enter the Day of Month due Days Before Due field
4. Check the Day of the Month checkbox
5. Select Discount Method and enter Discount Rate.

• Setup for Due date to fall on specific day of the month and give the minimum number of days due

1. Open Accounts Receivable, Setup, Terms Code Maintenance
2. Enter or select a Terms Code
3. Enter the Day of Month due Days Before Due field
4. Check the Day of the Month checkbox
5. Enter minimum number of days in Minimum Days Allowed
6. Select Discount Method and enter Discount Rate.

1. Open Accounts Receivable, Setup, Terms Code Maintenance
2. Enter or select a Terms Code
3. Enter the Day of Month due Days Before Due field
4. Do NOT Check the Day of the Month checkbox
5. Select Discount Method and enter Discount Rate.