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Former Member
Nov 07, 2007 at 06:29 AM

PAYMENT TERMS

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Hi all

What is the practical significance of the payment terms? I mean what haapens practically, if a customer does not pay as per his payment term? how it is used to keepa check on customer payments?

Say a customer's payment terms is that he should pay all the money for this order within 30 days. Wat happens if he does not pay within 30? It must impact on the sales order right? how?

-Prashant