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Definition: What is it?

An agreement is a way of recording a business arrangements or contract that your business makes with other companies or individuals. Common examples include Payment Terms (where you allow a customer up to 30 days to pay you) or Prompt Payment Discounts (where you offer a reduction on the amount owing if your customer pays you before a certain date).

What is it used for?

It can be used for the following:

• Defining Payment Terms for Customers or Suppliers
• Defining Sales Commissions
• Setting up Prompt Payment Discounts
• Setting up Price Lists (NOTE TO DO: Need to investigate how this logic overlaps with PRICE RULES in Catalog Manager)
• Defining Late Fee Penalties
• Defining preferred freight carriers or specific codes to be used

TO ADD MORE INFO HERE

What's on the screen?

 TO DO: Image Added