Coming to Terms with Payment Terms

By Pam Miller Terms Aren't Easily Found on the Invoice You would think that early payment terms would be easy to find on the vendor's invoice. Not so. Sometimes the terms are in the header information. Sometimes they appear as the last thing on the invoice. And sometimes they are randomly included in small print almost anywhere–including on the back of the invoice. For this reason, the first task many a new AP staffer is assigned is to go through supplier invoices to find and highlight the…