Apply Estimate Payment Terms

You can apply payment terms to multiple record types:

  • Estimate Billing Group
  • Estimate Product
  • Records Independent of Estimate Products
  1. On an estimate, click the Delivery subtab.
  2. Click Manage Billing Schedules.
  3. On the billing group you want to apply payment terms to, click the associated cell in the Payment Terms column.
  4. Select the payment terms to apply to the billing group.
  5. Click Save.
Note:

Payment terms applied to a billing group override any terms set on individual estimate products in that group.

  1. On an estimate, click the Builder subtab.
  2. Click Manage Products.
  3. In the Payment Terms column, select the required terms.
  4. Click Save.
Notes:
  • In the Estimate Financial Summary, adding payment terms to a 'Time and Materials' estimate product only impacts estimate vendor line items. Related labor costs are not affected.
  • When an estimate product is associated with a billing group, the Payment Terms field on the estimate product is read-only because the billing group takes precedence.
  1. On an estimate, go to the Details subtab.
  2. In the Records Independent of Estimate Products section, locate the Independent Records Payment Terms field.
  3. Select the required terms.
  4. Click Save.

Review Payment Terms in the Estimate Financial Summary

Once terms are applied, generate or refresh the Estimate Financial Summary to see the projected impact. Go to the Expected Payment Amount row to see shifted revenue totals.