Scope

Configure payment terms/ Net-D for invoices

Enable Net-D for one-time invoices

Can we have invoices created with Payment Terms or Net D with “Auto collection” status as “On”?

How can I configure custom Net D in Chargebee?

How to display Payment terms in Invoice?

Note: Net-D can be setup for one-time invoices as well. If you are an existing user, contact support to get this enabled for your Chargebee site.

By default payment terms feature is available for the Offline payment method (auto collection -'OFF') at the site setting (Configure Chargebee > Billing LogIQ > Payment Terms). Please contact Chargebee support to enable the payment terms for the online payment methods as well (auto collection 'ON').

To display the Payment Term and Due Date in the Invoice PDF,  go to Settings > Configure Chargebee > Invoices & Credit Notes > ‘Invoices’ tab > Enable ‘Payment Terms & Due Date’ > Apply Changes.

Enable Net D for Chargebee Invoices

To include Net D as a payment term in your invoices,

1. Navigate to Settings > Configure Chargebee > Billing LogIQ > Payment Terms and click Enable Payment Terms for Online and Offline payment methods
   
   

2. Set a default payment term for the site using Choose Default Payment Term.

   

3. The options are as shown in the screenshot above:

   • (1) Due Upon Receipt: Use this if you don't want to use any specific payment terms.
   • (2) Net 7 to Net 90: Those are the payment terms available out-of-the-box in Chargebee.
   • (3) Add New Term: Allows you to add a new Net D term to the list of available options. (See screenshot below)
     • This new term can range from 1 to 180 days.
     • Use the Mark as default term option to set it as the site default. Note that, this does not change the net D setting already applied to your existing customers.
   • 

4. When net D is enabled, the payment term chosen is applied to only new customer records created. 

5. Additionally, the payment term chosen can also be stored with new customer records created with auto-collection 'ON'. Contact support to enable this feature.

Once Payment Terms is enabled, invoices will be created in Posted status for Active subscriptions.

To display the Payment Term and Due Date in the Invoice PDF,  go to Settings > Configure Chargebee > Invoices & Credit Notes > ‘Invoices’ tab > Enable ‘Payment Terms & Due Date’ > Apply Changes.



The invoice will now show what the payment term is (Net 15 or Net 30 days) and the due date for the payment, which is the date on which the invoice is generated + no. of days set as payment terms.

Note - For both the above cases, existing customer records are not affected.

To enable Payment terms for One-time Payments

By default Payment Terms for recurring invoices will be available on the Chargebee UI under Billing LogIQ. However, Payment terms for One-time Charges will not be available by default, and this feature can be enabled on demand. To enable “Payment Term for one-time invoice”, please reach out to our support from here.