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Terms of Payment

German Translation



Integration Management with SAP R/3

Short Description

Arrangements made with a business partner governing financial settlement with respect to goods supplied and services performed.
Stipulation of down-payment (advance payment) requirement
Cash on delivery
Payment following delivery (e.g. clauses immediate payment in cash, on a cash basis, stipulation of a period for payment)
Combined conditions, e.g. the clause payable in 30 days net (without deduction) or within 10 days with 2% discount
[vgl. (6.01.2002), URL]