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Difference between ‘balance forward payment terms’ and other ‘payment terms’

Posted on May 16th, 2012 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

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Balance forward billing payment terms pass the balance forward billing cycle to the Create Balance Forward Bill program. The billing cycle determines when customer balance forward bills are generated.

Because balance forward bills cannot be split across installments, all settings related to installments on balance forward billing payment terms are disabled.

You cannot change existing payment terms back and forth for use as both a non-balance forward billing and balance forward billing payment terms.

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