Just Billing Restaurant Professional

Payment Terms

From this page you can define various payment terms for your business (see figure 1).

(Figure 1 - Payment terms page)

How to create Payment terms ?

1. Navigate to Payment terms page

2. To create a new payment term, click on (+) add, and enter the payment term name

3. Save the record (see figure 2).

(Figure 2 - Payment terms entry pop up)

How to create Payment rules ?

1. Navigate to payment terms page

2. To create Payment Term Rules, click on the (+) Add button provided on the tool bar of the Payment Term Rules section

3. Enter the following details

4. Save the record  (see figure 3).

(Figure 3 - Payment term rules entry pop up)

Different fields available in this page are:

1. Percentage : enter the percentage with respect to the payment term

2. No. of Days : enter the number of days within which the payment is to be made

3. Stage : if you accept payments in installment or a certain percentage based on the time, it can be defined over here. For example, you can ask for 50% payment in advance before handing over the product  and the next 50% in the later stage