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:
- Navigate to Settings.
- Click on Payment Terms under Maintenance settings.
- Click the New Payment Term button and fill out the name.
- Click the create button at the bottom.
Editing Payment Terms
How to edit a Payment Term:
- Navigate to Settings.
- Click on Payment Terms under Maintenance settings.
- Click on the Payment Term you wish to edit.
- Enter your changes and click Update.
Deleting Payment Terms
How to delete a Payment Term:
- Navigate to Settings.
- Click on Payment Terms under Maintenance settings.
- Click the button next to the Payment Term you want to delete.
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