Managing Pay Proceeds

Access the Update Contract Block form, and select the Pay on Proceeds tab.

Grower Equity Type

Specify a user defined code (43C/ET) that defines the type of contractual agreement between a customer and a grower.

Grower Equity Percent

Enter a number that indicates the percentage of equity in a crop that is owned by the grower. Enter percents as a whole numbers; for example enter 5 for 5 percent.

Pay on Proceeds Pool

Enter a user defined code (43C/PP) that defines a group of growers across which you spread the payments from the proceeds of accumulated sales for a crop.

Payment Terms

Specify the terms of payment, including the percentage of discount available if the invoice is paid by the discount due date. Use a blank code to indicate the most frequently-used payment term. You define each type of payment term on the Payment Terms Revisions form.

Select Schedule

Click this button to search for pricing schedules.

Remove Schedule

Click this button to remove pricing schedules.