Terms are important agreements between two or more parties that are related to their transactional activities.

Fields & its description:

• Section

This is the section that refers to the term.

• Type

There may be two types: Template and Document Specific. Based on your requirement select one of these options.

Template, if this is applicable to multiple transactions. Document Specific, if these terms are limited to specific documents only.

• Description

Enter the full description of the term in this text box.