Terms can be accessed from the sidebar menu by selecting the options Accounting >Settings>Terms.
The terms can be assigned to customers to group them for reporting purposes. For help with editing customers click here for the customer maintenance section.
In order to perform any of the basic maintenance tasks you will need to be assigned the Create, Update, and Delete permissions for the Hoops Admin entity.
For more on how to Sort, Select Columns, Change Records Per Page, and Export, click here.
At the top of the screen is a dropdown selector that filters the list of terms by who they apply to: Customer, Vendor, or Both. The master search field will search for matches in any of the fields listed.
Clicking on a term name in the grid open a popup allowing you make changes to the name, Type, Discount, who the terms apply to, number of due days, and a discount amount if paid before Day of Month, if needed. Depending on the Type you select, depends on what specific options appear. If you pick Net Days, Due in # of Days shows. If you pick Net n-th, Month, Day and Cut Off Day appear. If you select (None), the only boxes that will show are Name and Apply To. If you select Both or Vendor under the Apply To box, Discount % and Discount if paid before Day of Month will appear. After your changes are complete click the Confirm button to save your changes and return to categories screen.
Click on the + Insert button to create a new term. A popup will open prompting you for the term name, apply to, and type. Depending on how you fill out the Apply To and Type, there will be other boxes that appear to be filled out. Complete the fields and click the Confirm button to add the category to the database and return to the categories screen.