How to Add New Payment Terms?
Step 1: To create new payment terms, go to ‘Settings’ menu and select ‘Payment Terms’
Step 2: Click ‘Add New Payment Terms’ button at the top right corner of the webpage.
Step 3: Enter the name of the new payment term being created in the ‘Payment Term Name’ section.
Step 4: Select the number of days in the ‘Due In’ section
Step 5: Click the ‘Set As Default’ checkbox to set the payment term as default.
Step 6: Click ‘Save’ button.