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Step-by-step guide
Terms allows the client to place orders without payment and without an override code.
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Their sales are tracked in your Unpaid Report you can set Net 7, 15, 20, 30, 45 and 90 day terms.
- Credit limit is the amount the client on terms can spend within
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- the allotted net timeline.
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- So if you give Net 30 with a $10,000 spending limit they can spend $10,000 within 30 days.
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- The system will not let them exceed their spending limit or place orders
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- if their account goes past due
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