Order - Terms

Terms settings let you set up payment Terms. These are generally used for Business-To-Business (B2B) relationships where you have contracted pricing with certain customers. When a Term is applied to an Order, any Ensure Funds workflow step is skipped for that Order.

To create a new payment Term, follow these steps:

  1. In the Settings accordion menu, select Preferences.
  2. Click the Orders tab.
  3. Click Terms. The Terms page appears.
  4. Enter a label in the text field and click Add Term. The new Term appears in the list.
  5. Click the Edit link for that Term to set the following parameters, which are described in the table:
    • Label
    • Short Label
    • Description
    • Days
    • Code
    • Visible
  6. Click the Trash can icon (???) to delete a Term from the list.

The following table describes the fields on the Terms page.

Fields and Buttons Description
Label The name (label) for the Term.
Short Label A shorter version of the label.
Description A text description of the Term.
Days The number of days set here affects the way Orders using this Term appear in Accounts Receivable.
Code Used to identify the Term in certain places.
Visible If this box isn't checked, then the Term won't appear in drop-down lists for selecting Terms.
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