Legal Text
The "Legal Text" field allows users to enter specific legal terms or conditions related to the selected transaction type. This text may include clauses, disclaimers, or any other legally binding information that should be associated with the transaction.
To Create Legal Text, goto Setup > Users&Void > Legal Text
- Transaction Type: This dropdown allows users to select the type of transaction they are dealing with.
- Legal Text: should be used to include specific terms and conditions that apply to each transaction type. These texts ensure that all parties involved are aware of their legal obligations and rights, thereby providing a clear and legally sound framework for the transaction.
- Inactive:Transactions marked as inactive indicate that they are not currently in use or cannot be processed.
- Sales Order: The legal text might include terms related to delivery schedules, payment terms, and return policies.
- Purchase Order: Could include supplier delivery commitments, quality assurance clauses, and cancellation terms.