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Name of the payment term set
Priority (has to be a positive number) : This represents the importance of your payment term set compared to other payment term sets. Priority really comes into play when you have multiple payment term sets for the same validity period.
When there are payment term sets configured on both parent as and child dcDistribution Channel, the system takes the priority number into account when deciding the set in the reservation.
Example: Parent Distribution Channel has a payment term set with priority 10, child Distribution Channel has a similar set with the same conditions but priority 2, then the reservation manager will take the set from the child Distribution Channel.
Example: Parent Distribution Channel has a payment term set with priority 2, child Distribution Channel has a similar set with the same conditions but priority 10, then the reservation manager will take the set from the parent Distribution Channel.
Optional fields
Description
Extra costs. This field can be used to select an add-on that you want to link to this payment term set.
Choose a reminder set. This field allows you to link a reminder set (a set of conditions that apply to when a reminder should be sent about the booking).
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