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Vendor Credit Terms Help

  • July 14, 2025
  • 2 replies
  • 92 views
S
Semi-Pro I
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Our company purchases trees from farmers. These farmers require 25% deposit or prepayment upfront and then the remaining balance is due 2 weeks before shipment. I’m wondering what the best way to set up these credit terms are? 

All of these payments will occur BEFORE we receive product into Acumatica. 

Thanks!

Best answer by nhatnghetinh

Hi ​@SBaldwin 

Please refer to how to create "Credit Terms" below.

 

In my opinion. For the first 25% payment, we create Prepayment.

 

Then to track the remaining 75% payment, we create GI, Business Events or Tasks to track.

 

Best Regards,

NNT

    2 replies

    nhatnghetinh
    Captain II
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    • nhatnghetinh
    • Captain II
    • Answer
    • July 15, 2025

    Hi ​@SBaldwin 

    Please refer to how to create "Credit Terms" below.

     

    In my opinion. For the first 25% payment, we create Prepayment.

     

    Then to track the remaining 75% payment, we create GI, Business Events or Tasks to track.

     

    Best Regards,

    NNT

    I have devoted a great deal of my time and passion to Acumatica ! 🌐https://www.linkedin.com/in/phambaotruong
      S
      Semi-Pro I
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      • SBaldwin
      • Author
      • Semi-Pro I
      • July 15, 2025

      Great! That makes sense to me

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