Set a default Terms and Conditions agreement to purchase orders (POs) to establish mutual expectations of the rights and responsibilities of each party and to limit your liability.
To set up default terms and conditions:
- Go to Financials Main > Accounts Payable > Defaults
- Type in your terms and conditions
Default terms and conditions will be automatically added to any PO created in the future; however, you can choose to modify or remove the terms and conditions of specific POs.
To modify the terms and conditions of a PO:
- Go to Financials Main > Accounts Payable > Purchase Orders
- Create or Edit a purchase order
- Show Terms & Conditions
- Enter your modified terms and conditions