AP- Payment Term in Fusion Cloud

What is Payments Term?

1. Payments term is used to identify the due dates and discount dates on your customer transactions.
2. Payments terms can have multiple installments and each installment can have up to three discounts.
3. We can use share same payment terms across multiple Business units or Restrict it to specific business Units using reference data set (RDS)

The document is available on the link -AP-Payment Term in Fusion Cloud