How to edit/delete terms for invoices?

Thank you!

How do I delete some terms in my Quickbooks Desktop? I don't have the online version.

I want to delete some of the terms for the invoices. How do I do that? I do not have Quickbooks online. I have Quickbooks desktop 2020.

Hey  Xenatex,

Nice to see you in the Community again!  I will be happy to help! Please note that if it is a default term, it can only be inactive. However, if the term were created, it can be deleted!  Here's how:

1. Go to List.
2. Select Customer & Vendor profile lists.
3. Choose Terms and manage the terms.
4. Right-click the terms and click delete.

That should do it! Let me know if you have any problems.  I will be delighted to assist you further! Take care for now.

Hi sorry to come at you out of the blue, im not getting anywhere with the help chat option.

Our default payment terms are currently set to NET 20, so when I create a invoice fresh it automatically puts in 20 day payment terms.  We want to change this to Net 0 or due on receipt.

I have both of these terms set up in my "terms" List ( accessed through settings > all lists> terms.

 I can go to edit here but there is no option to make it default.

It was suggested i go into custom forms styles > select the invoice> content> edit .  But all this allows me to do is tick a box to say if i want it shown on the form or not

Please help me im going crazy over here!

Thanks you in advance

Debbie

Hi there, summitheating.

Welcome to the QuickBooks Community. I can see how important to set Net terms as the default to help run your business. I'll ensure you can send feedback so your suggestion is forwarded to the Product Development Team. Then, the said option will be available in QuickBooks Online.

When you open the Invoice page, the program automatically set it as net 30 but you can change the due date if needed. However, making the Net default to 0 is currently unavailable. With this, I suggest going to the Gear icon in QuickBooks Online. From there, you're able to choose Feedback to submit a request about adding an option to set the Net terms as default. Any recommendations are sent to our engineer for consideration in future updates.

Lastly, you may refer to this article to see various information on how you view the different statuses of all sales entries that have been recorded in QuickBooks: View sales transactions.

If there's anything else that I can help you with Net terms or sales transactions in QBO, please let me know by leaving any comments below. I'll be here to lend a hand, summitheating.

It is not working, it won’t let me delete net 30, it is set as default in preference 

Did not help!!!

any other suggestions??????

Thank you for following this thread, @nathan. Allow me to provide insights on managing Net terms in QuickBooks.

Based on your verbatim, this pertains to the QuickBooks Desktop (QBDT) Net terms. Yet, the option to delete net terms is unavailable in QBDT. You may make it inactive or change the net term to 0.

Here's How:

  1. Go to Lists.
  2. Select Terms
  3. From the Terms dropdown, select Make inactive.

  4. If you want to change the term, double-click the available net term.

  5. Enter a name for the payment net term (e.g., Net 0, Net 60), then modify the net due days.

  6. Click Okay, then Close.

Meanwhile, if you're referring to QuickBooks Online (QBO) Net terms, the option to delete is unavailable. You may consider making it inactive or changing the net term to 0.

Here's How:

1. Go to the Gear icon, select All List, and then find terms.
2. On the term page, select the Run report dropdown, then choose Make inactive.
3. If you want to change the net term, double-click the available net term.
4. Enter a name for the payment net term (e.g., Net 0, Net 60), then modify the net due days.
5. Click Save, then Close.
   
   

Check out this article for more details: Set-up payment terms.

Lastly, I've also included this article as a guide to learn how to create a recurring credit card payment: Create a recurring credit card payment.

Please continue posting on this thread if you have other questions about QuickBooks-related concerns. I'll be here to assist. Take care.