How do I configure new payment terms for a customer?

You can configure a new payment term for a customer in two ways:

  • At the customer level and,
  • At the invoice level

To configure payment terms at the customer level:

  • Go to Sales on the left sidebar and select Customers.
  • Select the customer for which you want to add the new payment terms and click Edit in the top right corner.
  • Scroll down to find the Payment Terms dropdown and click Configure Terms.
  • Click + Add New and enter Term Name and Number of Days.
  • Click Mark as Default if you want to make this payment term as default.

Note: If you set a payment term as default, it will applied to your future transactions. However, you can change it on the transactions page if required.

New Payment Term

  • Click Save.

The new payment term will be saved in your organization and can be used for future transactions.

Note: You can also configure payment terms while creating a customer by clicking + New button and following the above mentioned steps.

To configure payment terms at the invoice level:

  • Go to Sales and select Invoices.
  • Create a new invoice by clicking + New button.
  • Enter all the necessary details and click the Terms dropdown.
  • Click Configure Terms from the dropdown and click + Add New.

New Payment Term

  • Click Save.

Note: You can also configure payment terms for an existing invoice. To do that, click the edit button on the top bar of the invoice and follow the above steps.

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