Set the default payment term

Set the company default payment term in Menu > Receivables > Settings > Receivables preferences to determine when payment is due on customer invoices and other sales transactions. This setting does not create or manage payment term records.

To set the company default, open Menu > Receivables > Settings > Receivables preferences, select Terms, choose the Default term, and select Apply.

QuickStart applies the default term only when no term is set on the customer or directly on the transaction. A transaction-specific term takes precedence over the customer and company defaults.