Terms and Conditions
Terms and conditions in SAP Business One are the agreed framework under which a transaction is processed. They mainly include prices, discounts, delivery terms and payment terms. They are often assigned to a business partner and applied in documents such as a quotation so that transactions can be handled consistently and transparently. Well-maintained terms and conditions help avoid price deviations, simplify reconciliation and support consistent sales processing, so a user can create a quotation directly with the stored prices and agreed conditions.