Create a standard term

Create a standard term when due and discount dates must be calculated as a number of days from the transaction date. Select Menu, then select Accounting > Settings.

Before you begin

You need permission to manage terms and a unique name for the new term.

Create a standard term

1. Select Menu, then select Accounting > Settings.
2. On the Other card, select Terms.
3. Select Create terms, then select Create standard term on the Standard term card.
4. Enter a unique Name.
5. Enter Days until net due.
6. If the term provides an early-payment discount, enter % discount and Days until discount expires.
7. Select Create.

The standard term appears in the Terms list and can be selected on supported transactions and default-term preferences.