Payment Terms

Payment terms tell your customer when an invoice is due.

Common Terms

• Due on receipt: pay right away
• Net 7: due in 7 days
• Net 14: due in 14 days
• Net 30: due in 30 days

Tips

• Use shorter terms if you need faster cash flow
• Turn on reminders for overdue invoices

• Invoice Reminders

Related Articles:

• Creating an Invoice
• Invoice Reminders
• Exporting Invoices