How can I receive training on the use of terms on payment vouchers?
Procurement Services offers a class on the ABCs of Purchasing that will include the use of terms on payment vouchers. Terms default from the Supplier record. Generally, this is net 30 for vendors unless a contracted discount is arranged with the vendor. Employees and students are defined with immediate terms, which is typically five days. See the Procurement Services Web site for information on special procedures for some Payment Vouchers.
