Payment Terms Setup

Payment Terms

Create Payment Terms records to automatically apply payment discounts and invoice due time period values to Carrier Quotes and Vendor Invoice records.

1. Navigate to TMS Admin → Payment Terms.

2. Click the New Payment Terms button.

3. Enter values into the following field to define the Payment Terms.

   1. Enter a Name for the Payment Terms.

   2. Select Vendor from the Type picklist.

   3. Enter an Order value.

      1. When multiple Payment Terms are available to the user, the Order field determines which records are displayed first and so on.

   4. Enter a value for the Payment Days Due field.

   5. Enter a Payment Discount % value.

   6. Check the Enabled field to make the record available.

   7. Check the Portal Selection field to allow selection of the Payment Term record in a Carrier Portal for Carrier Quote settlement.

   8. Check the Carrier Application field to allow Carriers to select Payment Terms when completing a Carrier Application.

4. Click Save or Save & New to create additional Payment Terms Records.

Transportation Profiles

When Carrier Quote records are generated for a Load, the Payment Terms record values are automatically included. Choose a Payment Terms record on each Carrier Transportation Profile, as desired.

1. Find the Carrier Payment Terms field on the Carrier Transportation Profile.

2. Search for the desired Payment Terms record or create a new record.

3. Click Save.

Payment Terms fields may also cascade from the global Transportation Profile. If necessary, add the Carrier Payment Terms field to the global Transportation Profile Lightning Record Page to automatically populate terms onto Carrier Quotes.

Note the populated payment term record on the Carrier Quote record.