Payment Terms
Standard terms such as net 30 that set due dates.
Overview
A payment term calculates the due date from the document date. Customers and vendors carry a default term, and any document can override it.
When to use payment terms
- You agree new credit terms.
Step by step
In the Accounting module open Configuration in the green navigation bar, then choose Payment Terms under Invoicing.
Screenshot for this step has not been captured yet — run npm run docs:flow.
Screenshot for this step has not been captured yet — run npm run docs:flow.
Permissions
These permission keys control access (granted to roles in Administration → Roles & Permissions):
- accounting.payment.create
- accounting.payment.delete
- accounting.payment.read
- accounting.payment.reconcile
- accounting.payment.update
- financial.payment-terms.create
- financial.payment-terms.read
- financial.payment-terms.update