Pick Payment Terms from Supplier Master

YouTube: How to Enable Picking Payment Terms from Supplier Master in Purchase Orders?

How to Enable Picking Payment Terms from Supplier Master in Purchase Orders?

This tutorial explains how to automatically pick Payment Terms from the Supplier Master during Purchase Order entry in Logic ERP. This feature helps users avoid manual selection of payment terms and ensures consistency in supplier transactions.


Objective of This Feature

  • Automatically fetch Payment Terms from Supplier Master

  • Reduce manual entry during Purchase Order creation

  • Maintain consistency in supplier transactions

  • Improve accuracy and save time during PO entry


Access to Purchase Order Configuration

  • Open Purchase Order Configuration Window

  • Go to Default Options

  • Locate and enable the option labeled as:

“Pick Payment Terms from Supplier Master”.

  • Important: Ensure that the Payment Terms field is visible in the Purchase Order header section.

If the Field is Locked

  • Go to: General Options and Column Locks

  • Search for Payment Terms.

  • Unlock the field and save the changes.


Create a New Purchase Order

Transaction Process

  • Initiate New Purchase Order Entry.

Observation

  • The Payment Terms field is now enabled in the Header section.


Verify the Functionality

Action

  • Select the required Supplier

  • Click on Payment Terms Field

System Behavior

  • The software automatically picks:

    • Payment Terms defined in the Supplier Master


Review Payment Terms in Supplier Master

  • Open Setup New Account Window

  • Search and select required Supplier

  • Click on Other Details

  • Navigate to Other Details Section

Available Option

  • Here, you can define Payment Terms

Functionality

  • Any Payment Terms defined in the Supplier Master:

    • Will automatically appear in the Purchase Order

    • Whenever this feature is enabled


Key Benefits

  • Eliminates manual selection of Payment Terms

  • Improves transaction accuracy

  • Saves time during Purchase Order entry

  • Ensures consistent supplier payment policies


Best Practice Tips

  • Define accurate Payment Terms in Supplier Master

  • Keep supplier information updated regularly

  • Use standardized payment terms for better accounting control


Final Outcome

  • Payment Terms are automatically fetched from the Supplier Master

  • Purchase Order entry becomes faster and more efficient

  • Manual errors are reduced

  • Supplier transaction consistency is maintained in Logic ERP

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