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September 30, 2019
Question

When creating a profile of the supplier (in expenses), does "Terms" means days after which the payment will be made? If i chose 30, payment will be made after 30 days?

  • September 30, 2019
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1 reply

September 30, 2019

Hi finance51,

 

 

Thanks for your post and welcome to the community!

 

You are correct, the payment terms specify the length of time a transaction has to be paid by the customer.