These are the payment arrangements for this PO. This field in the Purchasing and Receiving window defaults from the Vendor File Maintenance window. You can change the default.
If you don't know the terms code you want to use, you can:
Click the arrow to the right of the box and select a terms code from the drop-down list.
If you have many terms codes on file, you can lookup the code by the term’s description. Type an equal sign (=) followed by any word in the description to list just those terms code. For example, typing =EOM displays the terms codes that have EOM any place in its description.
If you change this field, it does not change the terms in Vendor File Maintenance.
PO Worksheet (POW) users: This field is especially important when doing large pass thru or direct orders in POW, as when the individual orders are generated for each store, the original purchase order is retained here so that you can tell that they all came from the same original order.
This field is required.