Payment terms are used to specify when payment must be made for film hire contracts. Records can either be configured to require payment a certain number of days after the start of the film hire week, or they can be configured with no time limit on payment.

Payment terms are listed in Head Office > Maintenance > Payment Terms. You can click on a payment term to edit it, or create a new one.

Payment Terms form

Option	Allowed Values	Description
Description	1–255 characters	The name of the payment terms.
Payment Due X Days after Start of the Film Hire Week	cleared selected	If this option is selected, the Payment Days field will be available to determine X.
Payment Days	Any number	The number of days after the beginning of the film hire week that payment is due for contracts using these payment terms. Note: This field is not available if No Payment Date is selected.
No Payment Date	cleared selected	If this option is selected, the Payment Days field will not be available, and there will be no predetermined payment date for contracts using these payment terms.

See also:

Managing film hire calculations (overview)

Payment terms for film hire contracts

Payment Terms form

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