Override a Payable Percentage for a Set of Payment Terms

You can override the payable percentage specified for a payment term for selected dynamic invoice item types.

Security Note: You need the Allow contract maintenance security right in the Contracts domain security rights group for this activity.

Activity Steps

1. Open the Sales Contract, Purchase Contract, Service Contract or Freight Contract.
2. Select the set of payment terms. See:
   • Enter a Set of Payment Terms for a Set of Contract Terms
   • Enter a Set of Payment Terms for a Service or Freight Contract
3. Select the Payable Percentage Overrides tab.
4. Right-click in the Payable Percentage Overrides table and select New from the menu.
5. Complete the following fields.
   • Payable Percentage—This value overrides the Payable Percentage specified for the selected payment term in the Issue Date Terms table. May be greater than 100% for non-final invoices. May be less than 100% for all invoice types. Default: 100%.
   • Dynamic Item Types—Select from the Dynamic Invoice Item Types list items defined in the List Editor.
6. Click Save.