Drop Down List: New Terms of Sale

Another common drop down that may need to be modified as your business changes is your list of Terms of Sale and the associated Payment Schedule. See below on how to add a new Terms of Sale drop down:

New Terms of Sale Drop Down

1. Open Admin > Corporate Division

   Open

   

    

2. Corp Division > Drop Down List Setup - click on “Terms of Sale” to open panel.

   Open

   

    

3. Select New as highlighted below.

    

4. Name your schedule in the “List It” field.

    

5. Select your Corporate Division and “Save.”

    

    

New Payment Schedule / Due Date

If you want your Vendor or Customer Invoices to automatically apply the correct due date at the time of entry you should ensure the settings are properly applied. If your customer Terms of Sale require a deposit, you should also set that up here so that your Deposit Invoice properly splits out the calculation. To setup both see below instructions:

1. Select the Term of Sale from your Dropdown List

    

2. Place the number of days in the “Invoice Due In” & Save.

    

3. If there is a deposit involved, enter the % required and select “Set” which will put the deposit in the lower portion of this screen.

4. Proceed to enter the remaining amount(s) in the “% of Order Due”, enter the “Schedule Text” and Save.

   Note: You can always adjust the “PaymentTermsLineText” directly in the grid if necessary