Default payment terms and taxes are used to auto-fill certain fields when a transaction takes place with that supplier. When that supplier is selected on a purchase order, you will see a prompt asking whether or not you want to add the suppliers default values.

Please note that in order to have default taxes show up on the transaction, the branch profile option "Apply taxes per transaction" must be selected otherwise that option will not show up as a prompt if "Apply taxes per item" is selected. Once, applied, the transaction will look something like this:

Please note that these default payment terms and taxes first need to be created in Tradogram. To create a new payment term, go to the "Company Profile" and navigate to "Payment terms" to add in new payment terms.

For tax codes, it is listed just below "Payment Terms" in the company profile.