Payment Terms

A payment term sets when an invoice is due, such as Net 30 or Due on Receipt. You keep one shared list under Settings → General → Payment Terms, mark each term for purchasing, sales, or both, and then pick it on suppliers, customers, and orders.

To…	Go to…
create payment terms for purchasing, sales, or both	Set up payment terms
split a supplier term into a deposit and staged balance payments	Set up a payment schedule
decide how customers on a term are billed: at order, with a deposit, or before shipping	Bill customers on a schedule