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taCalcDueDatePM - Payment Term (PYMTRMID) does not exist error

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We are trying to create purchase receipts but getting the error below for some items. How do you resolve this issue? Thanks in advance.

Sql procedure error codes returned:
Error Number = 242 Stored Procedure= taCalcDueDatePM Error Description = Payment Term (PYMTRMID) does not exist in the Payment Term Master Table - SY03300
Node Identifier Parameters: taCalcDueDatePM
VENDORID = CHA


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