Summary

The Billing Terms are the payment terms you give to a customer. When does the customer pay, in 15 days, in 30 days, upon completion? The terms can be set by you as a business, where you set the billing term for all your customers. Or set the terms on a customer-by-customer basis based on the customer’s credit standing with you.

Key Points

Create the billing term
Enter the number of days before the invoice is considered overdue
Decide if this is the default term for each new customer
Choose the Billing Terms in the customer's location page

From the Top of the Navigation Menu, click Settings. (gear icon)

2. From the Settings Menu, under the heading Company Setup, click on Billing Terms.

3. Once you are on the Billing Terms page, click the grey New Billing Term button in upper right corner of your screen.

Billing term name

Enter the name for the billing term. By default we provide the following terms:

Credit Card On File
Net 15
Net 30
On Completion

Days

Enter the number of days for this billing term.

Is this default?

When you select [x] Is default, this will be the billing term set for new customers. You can change it in the customer’s Billing page when you’re creating a customer’s account.