Accounting setup · Guide 57 of 624
Payment terms
Payment terms tell RockifyERP when an invoice is due, for example 30 days, or 50% now and 50% on delivery.
How to do it in RockifyERP
- Search for Payment Term and click + Add.
- Name it, for example Net 30, and set the Invoice Portion (100%) and Credit Days (30).
- Click Save.
- Group terms into a Payment Terms Template if an invoice is paid in parts, and set it on customers or suppliers.
Tip: Set the template on each customer so every invoice gets the right due date automatically.
Need more help with RockifyERP?
Can’t find what you’re looking for? The RockifyERP support team can walk you through it. Contact RockifyERP support.