Payment Terms

From Fishbowl

(Redirected from Terms)
Jump to: navigation, search

Icon.Payment Terms.png The Payment Terms module, located in the Setup group, allows payment terms to be created, edited, and deleted. Payment terms can also be imported from QuickBooks or created using a CSV Import. Default payment terms can be set on the Details tab of the Small.Customer.png Customer module, the Details tab of the Small.Vendor.png Vendor module, and can also be customized on a per order basis.

Contents

Create a new payment term
Jump to top of page

Payment Terms can either be created in Fishbowl or imported from QuickBooks. Payment Terms in Fishbowl have the same fields as those in QuickBooks.

Payment Terms QuickBooks.png
  1. To create payment terms in Fishbowl, open the Payment Terms module and click the New Button.png New button located on the module toolbar.
  2. Select the Payment Type.
    • NET - Enter the number of days allowed for payment in the Net Days field. Enter a discount that will be given for early payment in the Discount % field. Enter the number of days allowed for the discount in the Discount Days field.
      Fishbowl Net Terms.png
    • DATE DRIVEN - Enter the day of the month that payment is required in the Due Date field. The payment won't be required until next month if the order was within a certain number or days of the due date. Enter a discount that will be given for early payment in the Discount % field. Enter the day of the month required to receive a discount in the Discount Date field.
      Fishbowl Date Terms.png
    • NONE - Used for custom payment terms. Exports to QuickBooks as standard payment terms with zeros in the required values.
  3. Click Next to enter any details for the payment terms. and then click Finish to complete the wizard.

Fishbowl automatically creates the following read-only payment terms.

Edit, delete, or inactivate a payment term
Jump to top of page

Personal tools
Namespaces
Variants
Actions
Navigation
Other Pages
Toolbox
Print/export
Translate