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”?
Note: Net-D can be setup for one-time invoices. If you are an existing user, contact support@chargebee.com 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.