Advanced payment terms

Using the terms fields, nearly any possible payment term can be defined in Yordex

• Net60, Net90 etc. (payment term of 60, 90 days etc.) can be specified by setting "Credit terms" to 60, 90 etc.
• 2/10 Net 30 (2% discount for payment within 10 days, payment term of 30 days) can be specified by setting "Credit terms" to 30 and adding a early payment discount with a 2% discount and "If paid before" set to 10 days. Instead of using an early payment discount, we recommend you use a dynamic discount.
• EOM (end of month) can be specified by setting "Credit terms" to 0 and by checking the "Starting from end of month" tick box
• 21MFI (21st day of the next month) can be specified by setting "Credit terms" to 21 and by checking the "Starting from end of month" tick box
• Deposits or advance payments, can be specified by adding multiple payments to the order

To get help in setting more advanced payment terms, please contact us.