Payment Terms

Last Updated January 24th, 2018 by Christine McCarty

Officetrax comes with 4 default Payment Terms: Biweekly, Monthly, Weekly, Yearly. They are used to define the interval of when payments are done for Leases and Service Providers.


Adding New Payment terms

How to add a Payment Term:

  1. Navigate to Settings.
  2. Click on Payment Terms under Maintenance settings.
  3. Click the New Payment Term button and fill out the name.
  4. Click the create button at the bottom.

Editing Payment Terms

How to edit a Payment Term:

  1. Navigate to Settings.
  2. Click on Payment Terms under Maintenance settings.
  3. Click on the Payment Term you wish to edit.
  4. Enter your changes and click Update.

Deleting Payment Terms

How to delete a Payment Term:

  1. Navigate to Settings.
  2. Click on Payment Terms under Maintenance settings.
  3. Click the button next to the Payment Term you want to delete.


Was this article helpful?