Here you can configure your payment terms. You can translate the name of your payment terms into other languages. The name can be printed on your invoices using the Invoice: Payment Term placeholder. You can assign an abbreviation for each payment term. This abbreviation allows you to quickly add the payment term to an invoice during invoice creation. You also have the option to set a due date in days for each payment term. The due date is automatically included with the payment term on the invoice and is displayed in the open items (accounts receivable) view. The due date can be manually changed at the invoice draft level and in the open items (accounts receivable) view.
To use a newly created payment term, you must activate it using the Allow button in the List Selection ribbon group.
Related to