Payment Schedule

Pymt Terms (payment terms)

A code that specifies the terms of payment, including the percentage of discount available if the invoice is paid by the discount due date.

Distribution Percent

The percentage of the payment the payee should receive.

Assigned

Select this option to indicate the payment is taxable income for the payee.

Interest

Select this option to indicate the payee receives interest on deferred payments.

Broker

Select this option to indicate the payee is a broker.