When our users have a contract with a National Account Parent, invoice terms are very often defined and apply to all child accounts. The same way that we have the ability to assign credit limits at the parent level, we should also have the ability to have payment terms assigned at the parent and rollout to the the subsidiaries.
Any company dealing with national accounts would benefit from this. It would prevent time consuming data entry to update the Terms Codes on customer accounts each time a contract is renegotiated.
Visualizing this as a field in National Account Maintenance where the Payment Terms could be set for the parent, and a box to check to rollout the payment terms to each of the listed subsidiary customers.

by: Raynes W. | over a year ago | 1 - Financial Management