A new Tab, Supplier, is added in the Payables Option window. This new tab has one region Payment and contains the following fields:
Invoice Currency: Enter or select an invoice currency. This field is of type LOV and displays Currency Code, Currency Name and Currency Description.
Pay Group: Enter or select a pay group. This field is of type LOV and displays Pay Group and Pay Group description.
Note: When entering Pay Group, enter the value as Standard. It is case-sensitive. Therefore, use Standard instead of STANDARD.
Terms Date Basis: Enter or select terms date basis. This is of type Drop Down and has the following five seeded values.
System
Goods Received
Invoice
Invoice Received
NULL
Pay Date Basis: Enter or select a pay date basis. This field has the following three seeded values:
Discount
Due
Null
Payment Terms: Enter or select a payment term.. This field is of type LOV and displays Payment Terms and Pay Terms description.
Based on the setup, these fields default to the supplier sites during site creation.
The setup of Supplier tab in Payables Options is optional and if you don't setup these values then the values for Supplier site will be defaulted from Supplier.