How to update payment terms for a customer/Supplier

1. Go to the  Contacts Module.

2. Search for the relevant contact through search bar and select the contact 

3. Click on Sales & Purchase tab 

 4. From here, you can edit the Payment terms in either Sales and Purchase Column. Once done, click on Save.

4. Once you create a transaction related to the contact, you will see that the payment term is updated accordingly.