Applications Administration Guide > Ongoing Application Administration Tasks >

Setting Up Payment Terms

Payment terms are the different terms that you offer to your customers, such as Net 30 days and Net 60 days. You set up payment terms so that they are available in your Siebel application, for example in the Quotes screen.

To set up a payment term

  1. From the application-level menu, choose View > Site Map > Applications Administration > Payment Terms.
  2. In the Payment Terms list, add a new record and complete the necessary fields.

    Some fields are described in the following table.

    Field
    Comments
    Payment Term
    Enter a name for the payment term, such as Net 30.
    Net Days
    If the payment term requires payment in a specific number of days after the order date, enter the number of days. Optional
    Description
    Enter a description of the payment term. Optional.
    Discount
    If there is a discount for early payment, enter the amount of the discount. Optional.
    Discount Days
    If there is a discount for early payment, enter the number of days within which a customer must pay to qualify for the discount. Optional.
    Due
    If there is a specific due date for payment, enter the due date. Optional.
    Integration ID
    Users should not modify this system field. It is a cross-reference that links the Siebel application to corresponding payment term information in the back-office application.

 Applications Administration Guide
 Published: 09 September 2004