Manage payment terms
Payment terms are the terms provided by your vendor, that determine how many days you have to pay a bill. You can create and edit custom payment terms to use on bills in Key CashFlow.
When you create a bill and select the payment term, then enter an invoice date, we'll automatically populate the invoice due date based on the terms selected, but you can edit if needed.
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Create payment terms
Payment terms don't sync to or from your accounting software. You'll want to manually add the terms in Key CashFlow to use when you create bills.
- Select Settings
- Select Payment Terms Under Accounting
- Select New
- Enter payment term details
- Select Save
Edit payment terms
- Select Settings
- Select Payment Terms Under Accounting
- Select the payment term name
- Select the edit icon
- Edit the payment term
- Select Save
Delete payment terms
Payment terms can't be deleted once created. If you no longer need a payment term, you can edit the payment term to add Do not use, or something similar, to prevent accidentally selecting it.
Resources
Get Paid (Receivables) View all
QuickBooks Online View all
QuickBooks for Windows View all
NetSuite / Intacct View Intacct View NetSuite
