Introduction

This guide explains how to set up payment terms in TRAEDE. Payment terms define how many days the customer has to pay, how credit is calculated, and whether any prepayment applies.

Open payment terms settings

1. Go to Settings.

2. Find and select Payment terms.

3. If the payment term you need is not listed, you can create a new one.

Create a new payment term

1. Click Add new payment term.

2. Enter the name of the payment term—for example:

   • 14 days net

3. Select the credit type.

4. Enter the modifier, which defines the number of days—for example:

   • 14 for 14 days of credit

5. If this payment term requires prepayment, enter the percentage of prepayment in the field provided.

   • Example: 30% prepayment

Activate the payment term

Before saving, make sure the Activate toggle is enabled.
Then click Submit to finish the setup.

Once activated, the payment term is available for use on customers and orders.