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I have a customer whose terms are 1% discount if paid by 2nd 10th and with balance due by 2nd EOM; I cannot find a way to create these terms in QB. Is there a way to set up terms this specific in QB?
Hi there,
QuickBooks Desktop makes it easy to set up payment terms. I'll be happy to give you a hand with this.
Payment terms indicate when you expect to receive a payment from a customer or when youpay bills to your supplier. QuickBooks supplies a list of often - used payment terms in the Terms list. to do this, follow the steps below:
4. Select OK to close or Next to create another payment terms.
For more info on payment terms, check out this helpful article. Let me know if you have questions. I'll be here to assist. :)
James,
thank you for getting back to me so quickly. It seems that this setup may not be conducive to the terms we need. The customer is being offered 1% if they pay by the 10th of the second month after the invoice date. So depending on when the date is, that changes in terms of how many days the balance is due by.
Any suggestion on a way around this?
I see where you're coming from. At this time, there isn't a workaround to this. I recommend you to send the valuable feedback over to our engineers so it can be incorporated into the system in the future. You can do this by clicking the Help menu and looking for Send Feedback Online. Product improvements and ideas are influenced by the feedback we get from users like you. Feel free to ask questions.
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