On the detail panel, complete the following fields:
Terms of payment
Enter a unique code.
Description
Enter the description.
Credit days
Enter the number of days from document date to due date. This number is used when you enter documents to calculate the due dates, but the credit period can be changed manually for each document. You can use this field in combination with Credit months.
Credit months
Enter the number of months from document date to due date. This number is used when you enter documents to calculate the due dates, but the credit period can be changed manually for each document. You can use this field in combination with Credit days.
Break day
Enter a break day of the month, after which the due date is calculated beginning with the next month. For example, if you state 25, an invoice being issued before or on the 25th of a month will have a due date calculated from the previous month change according to the terms you state for credit days and/or months. If the invoice is issued after the 25th, the due date will be calculated from the next month change. This field can only be used if you indicate a number of credit days or credit months, and the credit period must be greater than the number of break days.
To achieve a one-month net at the end of the month it is important to set break day to 31, credit month to 1 plus the number of credit days you need. For example, if you have an invoice issued on the 4th of June and you enter 20 credit days, in this case the due date will be calculated to the 20th of July. The result will be the same if you have an invoice issued on 29/06.
Cash on delivery
In this field you must specify if payment must be collected from your customer upon delivering the goods. This information will be printed on the freight document. Note: The calculated amount will be a sum of all order lines including VAT plus any distributed shipment fees. This means that the calculated cash-on-delivery amount will exclude all additional fees that are added during invoicing, such as, e.g., order header fees and surcharges.