Payment Term on AR Transactions

This post explains how AutoInvoice populates Payment Term on AR transaction when you are using a Payment Term on Sales Order which is different from the Default Payment Term assigned to Customer. For Example: The Payment Term populated on Sales Order is '30 NET' and  you have changed it to 'CREDIT'.
In this kind of scenario, AutoInvoice program checks following conditions to populate the Payment Term on Transaction as on Sales Order.

1. 'Override Terms' check box should be enabled at Customer account and site levels.

Navigation to check this option at Customer Account Level:
Customers -- Customers -- Search for the customer
Click on Account Details.

'Override Terms' check box should be enabled Under 'Account Profile' Tab.


Navigation to check this option at Customer Address Level:
Customers -- Customers -- Search for the customer
Click on Account Details.
Under Sites Tab, Click on Details for 'Bill To' customer site.

'Override Terms' check box should be enabled Under 'Profile' Tab.By checking the Override Terms check box, you are saying that when a user creates an invoice for this customer, he is allowed to change the Payment Term that defaults in. This feature allows you to create
non-balance forward transactions within a BFB-enabled site.

So, the purpose of Override Terms option is to create non-balance forward transactions for a BFB-enabled site. For BFB enabled customer, override functionality work only with NON-BFB payment Terms .

2. If you have Override Terms check box checked, you still cannot override the payment term if the following conditions are true:

-- The customer you are interfacing data for is a Balance Forward Billing (BFB) enabled customer
-- The payment term you are providing in the interface tables is a BFB term that is different from the default payment term you have set up at the Account or Site profile
That means for a BFB enabled customer, we can not override the Default Payment Term with BFB enabled Payment Term.

If you try to override the default payment term with Non-BFB Payment Term, it will work.

For example:

1.Customer - BFB Enabled
Default Payment Term - 30 NET
Override Payment Term - CREDIT (BFB Enabled)

Payment Term on AR Transaction - 30 NET

2. Customer - BFB Enabled
Default Payment Term - 30 NET
Override Payment Term - IMMEDIATE ( NON-BFB Payment Term)

Payment Term on AR Transaction - IMMEDIATE  Note: Receivables uses the following hierarchy to determine the default payment terms, stopping when one is found:

customer Bill-To site level customer address level
customer level
Transaction Type