Manage payment terms

Payment terms are the terms provided by your vendor, that determine how many days you have to pay a bill. You can create and edit custom payment terms to use on bills in Bill.com℠.

When you create a bill and select the payment term, then enter an invoice date, we'll automatically populate the invoice due date based on the terms selected, but you can edit if needed.

Jump to:

• Create payment terms
• Edit payment terms
• Delete payment terms

Create payment terms

Payment terms don't sync to or from your accounting system. You'll want to manually add the terms in Bill.com to use when you create bills.

1. Select Settings
2. Select Payment Terms Under Accounting
3. Select New
4. Enter payment term details
5. Select Save

Edit payment terms

1. Select Settings
2. Select Payment Terms Under Accounting
3. Select the payment term name
4. Select the edit icon
5. Edit the payment term
6. Select Save

Delete payment terms

Payment terms can't be deleted once created. If you no longer need a payment term, you can edit the payment term to add Do not use, or something similar, to prevent accidentally selecting it.