Payment terms
Payment terms determine the due date on outgoing invoices and on cost lines for creditors.
URL: /payment_terms · create /payment_terms/create
Key fields
| Field | Notes |
|---|---|
| Code / name | E.g. NET30, EOM14 |
| Type | net (after invoice date) or EOM (after end of month) |
| Days | Term |
| Discount | Optional — e.g. 2% if paid within 8 days |
| Description | Text shown on invoice |
| Default | Default for new customers/vendors |
Default hierarchy
- Payment term on the customer or vendor record.
- Fall back to the default term.
- On an invoice you can always override.
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