Payment Terms

This payment video shows how to set up customer payment terms within Bluestreak.

Video Text

00:06 All right, so let's go back to set up here to talk about payment terms.

00:11 Yeah,

00:15 I'm Niesr we set up the system with some basic payment terms, you know, half percent net 10 or 10 net 30. With that means is they get a half a percent discount if they receive and apply the payment within the system within 10 calendar days. The amount due was six.

00:43 Yeah, sorry. Um, so that's two percent of that. Ten is another example of cod is the only one of the payment terms with a little extra functionality. If a customer has payment terms of uh, we, we're also doing some watermarking on the work order document and the shipping document or packing slip as some people like to call it, that will watermark those documents were the top header, middle page cod just as a reminder that this customer is cod and something telling needs to do something. Uh, there's also, uh, based off the cod payment term, um, we, we have a couple of notifications. I one being a notification for order it for an account and you can filter to a account or all accounts, which I would say all the causes, the best option, um, that would that 10, that 15 to 30. So it's our base ones. Don't cover to add a new payment term really easy. Click the add button, name it, um, days doing. Let's do an example of um, you know, five percent, 10 net 30, you just picked the name. A do days is, you know, [inaudible] a discount aids is 10 and then you give it the equation of five percent in inserted. And that will save that under the equation for that. Um, that payment term that wants to apply to a customer that will allow flow that information through.