Payment / Shipping Tab – Companies Module

The Payment / Shipping tab includes fields to specify company payment and shipping information, including address and shipping terms. The following fields are displayed on the Payment / Shipping page:

• Bank Name and Ref — Banking information for any companies with whom you have a banking relationship, such as a company to whom you supply direct payments or automatic transfers. The bank name is indicated in the Name field and ID (ABA #) is specified in the Reference field.

• Terms, Address, Currency — Information regarding default payment terms for this company. Default payment terms are automatically populated onto purchase orders issued to this company / vendor.

  The Payment Info section also includes fields to specify payment address information if a secondary address is needed.

• FOB Point, Terms, and Method — Default vendor shipping information. Shipping terms and method are automatically populated onto any purchase order associated with this vendor.

• Ecommerce — Check box used to specify if the company has a web site available on which business, such as ordering, can be conducted.

• Payment On Receipt — Check box used to specify if this vendor should receive payment upon receipt of ordered items.

• Legal Info — A field used to enter additional legal comments about the company, typically related to payment or shipping. The View / Edit Text button at top-right corner of the field can be used to open a larger editing area.