Set clear payment expectations with your customers.

Common Payment Terms

• Due on Receipt: Payment expected immediately
• Net 15: Payment due within 15 days
• Net 30: Payment due within 30 days (most common)
• Net 60: Payment due within 60 days
• Net 90: Payment due within 90 days
• 2/10 Net 30: 2% discount if paid within 10 days, otherwise due in 30

Setting Default Terms

1. Navigate to Settings → Invoicing
2. Select default payment terms
3. Set late fee percentage (optional)
4. Configure grace period before late fees
5. Enable automatic payment reminders

Customer-Specific Terms

Override defaults for individual customers:

1. Go to customer profile
2. Edit payment terms
3. Set custom late fee rules
4. Configure reminder schedule