The credit terms you assign to your customers are rules that govern the number of days between shipping and payment, discounts for early payment and penalties for late payment.
After you set up credit terms, discounts based on the terms are automatically calculated when you enter sales. (You can change the terms and discount amounts for individual sales, if you need to.)
Similarly, after you set up credit terms, finance charges based on those terms are automatically calculated beginning the day after a transaction's balance due date. Your customers' finance charges can be printed on their monthly statements, if you want.
Idea: If you change an employee's pay history