Standard payment terms

Payment terms determine when you will pay your supplier. We use them to calculate payment due dates.

We have set up your account with the following standard terms

  • Immediate
  • 7 Days
  • 30 Days

It is possible to set more advanced payment terms.

Editing standard payment terms 

This functionality is only available if you are an Admin user.

To edit payment terms for all purchases

  • In the Yordex interface, go to ["Settings" > "Standard Terms"] 
  • Click ["+New Standard Terms"]. You can also duplicate an existing term by clicking on ["…" > "Duplicate term"] 
  • Complete the rest of the form. Details about each field can be found in this article
  • Click ["Save Standard Term"]

Editing payment terms for specific suppliers

When you associate terms with a supplier, these terms will automatically be applied every time you create an order with them.

When creating a supplier you can choose one of your standard payment terms to be applied to all orders with this supplier.

To edit these terms later:

  • In the Yordex interface, go to ["Settings" > "Standard Terms"]
  • Find the term for this supplier and click on it
  • Update the form. Details about each field can be found in this article
  • Click ["Save Standard Term"]