Rice Lake TransAct 5.0 - Installation & Operation Manual - Manual (Page 43)

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Payment Terms
The Payment Terms screen allows you to modify standard (default) and custom payment
terms for your customers.
How to Get Here
Accounting-->Setup…-->Standard Terms Screen-->Edit Button
Admin-->Accounts-->Terms Screen-->Custom Terms Button
Field Descriptions
Credit Limit
A dollar limit on the amount of credit you allow your customers. Once a customer's
estimated balance exceeds this amount, a warning message can be displayed in the Weigh
screen.
Credit Limit: Warn Within