Manage Payment Terms
Discover how you can manage Payment Terms and use them as presets to save time on data entry.
Add a payment term
- Select the Settings option in the Configuration tab to get to the system settings.
- Click on Payment Term in the left sidebar to view or update your payment terms.
- To add a new payment term, click the Add Payment Term button at the top.
- Give your Payment Term a unique name and set the conditions.
- Click Save to finalize and add your new payment term to the list.
Update an existing payment term
- To update an existing payment term, click the three-dot menu icon next to it.
- Select Edit to begin modifying the details of this payment term.
- Start editing your payment term and click Save once you're done.
Delete a payment term
- To delete a payment term, click Remove from the three-dot menu option.
- Confirm removal by clicking the Remove button in the dialog to permanently delete the payment term.
Warning: Removing a Payment Term is permanent and cannot be undone. If this was done by mistake, you can always add a new Payment Term again.
Set a default payment term for your own account
- To set a default payment term for your own account, click the three-dot menu option.
- Select Set as Default to make it your default payment term.
Set a default payment term for a customer
- From your YoPrint dashboard, click on Customers in the Sales dropdown.
- Open the three-dot menu. Click View in the drop-down menu to view detailed information about the customer.
- Locate and click the Default Payment Term dropdown arrow to adjust the payment terms for this customer.
- Select an option from the dropdown menu to set the default payment term.
Use a payment term in a sales order
- From your dashboard, click Sales Orders under the Sales tab.
- Double-click on a Sales Order to open it.
- Click on the edit button right next to Payment Term inside the Sales Order.
- Select your Payment Term from the drop-down menu in the dialog box.
Note:
- The Select Payment Term dialog is flexible, allowing you to make one-off Payment Terms for individual orders as needed.
- You can adjust the full amount due date, deposit due date, deposit requirement, and deposit percentage at any time based on customer negotiations.
- Don't forget to save your settings.
Once your Sales Order is created, our system auto-calculates the deposit to be paid based on the conditions of the Payment Term.
