Payment Conditions

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Payment Conditions

All “Payment Conditions” are arbitrary. For each Condition a “Title”, “Number”, “Type”, “Net Payment Term”, “Skonto in percent” and “Skonto Days” can be defined. The “Title” and “Number” are mandatory.

 

Function

Description

Net Payment Term

How many days only the net cash has to be paid

Skonto in percent

How many percent is the cash discount

Skonto days

How many days the cash discount will be allowed

 

Skonto ≙ cash discount