Billing Terms

Billing Terms determine how a customer will pay their orders. Pre-Pay, Invoice, and Statment billing terms control whether your customers are paying when the order is placed, by the invoice, or through a monthly statement.

Billing Type

The Billing Type determines how a customer will pay their orders:

  • Pre-Pay: Payment is collected when the order is placed.
  • Invoice: Each invoice is sent and paid separately according to its terms.
  • Statement: Invoices are grouped into statements and paid together to the statement schedule.

Select Statement to activate statement billing settings for the customer.