When you are buying or selling something, there are two key things that you have to know: “How will it be paid for”, and “When is the payment due”? In NAV, the “How” is defined as the Payment Method, and the “When” is defined as the Payment Term.
When you are buying or selling something, there are two key things that you have to know: “How will it be paid for”, and “When is the payment due”? In NAV, the “How” is defined as the Payment Method, and the “When” is defined as the Payment Term.