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?
Note: Net-D can be setup for one-time invoices. 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').
Enable Net D for Chargebee Invoices
To include Net D as a payment term in your invoices,
Navigate to Settings > Configure Chargebee > Billing LogIQ > Payment Terms and click Enable Payment Terms for Online and Offline payment methods
Set a default payment term for the site using Choose Default Payment Term.
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.
When net D is enabled, the payment term chosen is applied to only new customer records created.
Additionally, the payment term chosen can also be stored with new customer records created with auto-collection 'ON'. Contact support@chargebee.com to enable this feature.
Note - For both the above cases, existing customer records are not affected.