AR Invoice Override and Default Payment Term

When Creating an AR Invoice or Debit Memo , once the user enters the BILL TO Location of the invoice the payment term will be defaulted as per the setup on the Customer BILL TO or the Payment term maintained on the Profile maintained on the customer BILL TO.

Based on the needs business might want to update the defaulted value. In this scenario click on LOV and select the new Value.

The display of entries on the LOV depends on the setup on the customer profile file : Allow Override Terms

If the check box is un-checked then the LOV will be empty and Payment terms cannot be over-ridden and the LOV will be empty. If the check box is checked Oracle will populate the LOV with the eligible payment terms and user can select any