PAYMENT TERMS

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Payable and Receivable invoices automatically calculate the due date. Can be defined payment terms are defined for customer and supplier contacts.

You can add by clicking on New Payment Terms button.

Enter payment terms choose a type to “Sale” or “Purchase” according to the example below.

Note: Days field is the number of days of payment term automatically calculated in invoice due date.

Can define payment terms to contact is the customer or supplier, can be configured at the Sales or Purchasing tab.

Sample defined purchase payment term of Purchasing tab.

The sales or purchase invoices, the due date will be automatically calculated according to the payment terms.