The custom net terms setting allows you to set a custom due date for a company's invoices. When the invoice scheduled task runs, Kube ignores the due date set for this task and uses the custom net terms set for the company to determine the invoice's due date. For more information about scheduled tasks, see Scheduled Tasks.
This article describes setting the net terms for a company.
This article is part of the Kube customers setup flow. For more information, see Customers setup checklist.
NOTE: Depending on your assigned role and permissions, and the version of Kube your organization uses, some or all of these menus or services may not be available or displayed.
To set custom net terms for a company
Select Customers in the top menu and select Companies from the drop-down menu.
Locate the company in the grid and click the company's name. The Company Essentials window appears. Click Detailed View.
The Company Overview menu appears.
Select Billing in the side menu and select the Billing Options tab.
Click the Edit button.
Click the square Select button next to the Custom Net Terms label to enable custom net terms. A number entry field appears.
Enter the number of days from an invoice's creation date that the company has to remit payment.
TIP: This setting can be customized per property the company does business with. Click the Additional Properties Billing Settings button to select additional properties where the setting should be customized.
Click Save.
TIP: The next step in the Kube customer setup process is to set the company's split invoice settings. For more information, see Setting company split invoicing settings.