Payment Terms

Purpose

A list of Payment terms can be set for both customers and suppliers. Use them in quotations, sales orders & invoices.


Procedure

Payment Term list can be set in Setup module of the accounting online software mKsiegowa.pl.

Default payment terms can be set for:

You can set:

  • Terms Description - it will be shown on a document
  • Payment type of the following:
    • Prepayment
    • After No. of Days
    • Cash
    • Card
    • Day in Following Month

Example 1:

  • Terms Description - 15th of the Month Following
  • Payment Type - Day in Following Month
  • Days - 15

Payment will be due 15th day of the month following from the invoice date.


Example 2:

  • Terms Description - Net 30
  • Payment Type - After No. of Days
  • Days - 30

Payment will be due 30 days from day of invoice.