Payment term – cash template

This setting controls which payment term to use when changing to a cash payment for a customer that is classified as a Contractor. This setting is blank by default.

This setting does not control which payment term to use for a customer is classified as a Retail customer. In that case, the payment term connected to the customer in 'Customer. Open' (CRS610) in M3 BE is used.

The customer classification in Infor Sales Hub is based on the payment term for the customer in 'Customer. Open' (CRS610/J):

• Contractor: If the payment term has parameter “Cash payment” in 'Payment Term. Open' (CRS075/E) set to 0 or 1
• Retail: If the payment term has parameter “Cash payment” in 'Payment Term. Open' (CRS075/E) set to 2.