Payment terms in B2B

Payment terms enable you to set the length of time that company has to pay for their order. You can set payment terms for any company location that you create. After payment terms are set for a location, any B2B customer for that location can enter payment information for the order.

There following are the available payment terms:

  • None - By default, payment terms are set to None. Customers pay for orders immediately upon checkout
  • Net (period) - If you assign net terms to a company location, then any B2B customer for that location can pay for orders at any time between when they have placed the order and the due date. Customers can make their payment by logging in to their account, selecting an order, and then clicking Pay now. The available terms are net 7, net 15, net 30, net 60, and net 90.

Payment terms can also be used when you create a draft order for a B2B customer.

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