Creating or modifying the payment term

Use this page to create or modify the payment method that determines the mode of payment applicable for a transaction.

  1. Select Setup > Master Data > Payment Methods.
  2. Click Add. The Define Payment Method page is displayed
    Note:  You can use the Edit option corresponding to the method for modifying the payment method.
  3. Specify or modify this information:
    Method
    The code of the payment method.
    Description
    The description of the payment method.
  4. Click Save.