Enable the Default Payment Term from Customer Data

To speed data entry, enable capturing default the payment terms from the customer master.

Payment terms are used by Oracle Receivables to generate invoices. You can specify a payment term on the customer account and customer account site. When you want to generate an invoice for a subscription, you can either accept the default value or override it with a different payment term for the customer. If you want to accept the default value from the customer data, you should enable the check box, Default payment term from customer master, in the subscription profile.

Here's how:

1. Sign in as a setup user.

2. Navigate to the Subscription Configuration work area.

3. On the Subscription Configuration page, click the Subscription Configuration tab.

4. Click Manage Subscription Rules.
5. Click the Subscription Profiles subtab and edit or create a subscription profile.
6. In the Pricing and Billing section, enable the check box, Default payment term from customer master.
7. Save your changes.

If you don't check this attribute, the payment terms in the subscription profile is considered.

The payment term associated in the customer account site is preferred over the payment term in customer account. If there's no payment term information in the customer account site and customer account, or if the check box is not enabled, the payment term in the subscription profile is considered. You can override the payment term from customer data in the subscription or in the product.