Payment Terms Module

The Payment Terms module manages payment terms for billing accounts.

A payment term specifies the length of time between an invoice date and the date that payment is due on an invoice. A payment term can be assigned directly to a billing account or assigned through an account category associated with a billing account.

Gotransverse is configured with the following predefined payment terms:

  • Immediate (set as the default for the environment)

  • Net 30

Payment Terms Section

Payment Term Section

Refer to the following topics for additional information about managing payment terms in the Payment Terms module: