Defining Payment Terms & Conditions

In an order, if your client chooses to pay with an invoice, you need to communicate with them the payment deadlines, and if you prefer, also the discounts they would get if they pay early. In this section, you define this information per “market group”, which is a collection of countries. Your client sees this information on their Order Confirmation document.

Regardless of the payment method, you may want to add some additional information for your client to read. This corresponds to the “Additional Text” field in the same popup where you define your invoicing terms.

To define Payment Terms & Conditions to a market group:

1. Select Payment Terms & Conditions from the menu bar.
2. Click on the Add Terms button.
3. Input the mandatory parameters
   • Assign a name/designation for this terms.
   • Select Market group.
   • Input the value for Default payment period in days.
4. Input the optional parameters if preffered
   • Additional Text (which is displayed in the end of the Order Confirmation document)
   • Period Days and corresponding Cash Discounts (this is informational data only, not reflected on Oroox price calculation).
5. Click Save.

Note:

If you have more than one Market Group and choose to define different Terms & Conditions for them, one of these terms will be the "default." You can toggle the Default Payment Term switch to set the default option.