Net Terms

Net Terms specify the number of days a customer has to make a payment after an invoice is generated. For example:

• Net 0: The invoice is due on the same day it is generated.
• Net 10: The invoice is due 10 days after the invoice date.

Available Net Term options are configured by the tenant admin under Settings. Sales reps can select from these predefined options when generating invoices or quotes (based on permissions).

Billing and finance teams typically review Net Terms closely, especially when longer payment periods are requested.

Approval rules can be configured to trigger automatically when Net Terms exceed a defined threshold (commonly greater than 30 days).