Payment Terms stores the payment related information of the item. It normally stores the payment mode, credit days, advance percentage, its payment terms.

To add payment terms click on Edit Terms or press (t). When clicked on Edit Terms a popup will open. In which the payment terms details are added and then confirmed.

Click on Edit Terms in Payment Terms section and fill payment mode, credit days, advance %, payment terms description.

For payment mode the mode can be typed or can be selected by Shift + * command.

If the payment mode is not present or it is a new mode then click on the + icon for getting category quick edit screen where a user can type its name, nick name group code all in one screen and can add a mode quickly.