A payment term is an indication on an invoice of how quickly a merchant expects to receive payment in full from a buyer.
The most common payment term for example is Net 30. A Net 30 payment term means the merchant expects the buyer to make payment in full within 30 days of the invoice date.
iOS and Android
- Open an Invoice.
- Tap on Date or button.
- Select a term from Net 15, 30, 45, 60, Due end of the month, due end of next month, Due on Receipt and Custom.
- Tap on Show On PDF, if you want the selected term to appear on Invoice PDF.
- Due Date will be calculated and displayed according to the term you selected in above step.
- You can select any due date and Net days will be calculated and displayed.
- Tap on Show On PDF, if you want the Due Date to appear on Invoice PDF.
- Tap on Save.
Web and Mac
- Open an Invoice.
- Click on button of Date.
- Select a term from Net 15, 30, 45, 60, Due end of the month, due end of next month, Due on Receipt and Custom.
- Click on Show On PDF, if you want the selected term to appear on Invoice PDF.
- Due Date will displayed according to the term you selected in above step.
- You can select any due date and Net days will be calculated and displayed.
- Tap on Show On PDF, if you want the Due Date to appear on Invoice PDF.
- Tap on Save.