1. Home
  2. Invoicing
  3. Create terms of payment

Create terms of payment

The following explains how to create your own payment terms in the web-based logistics software. Payment terms can be created for customers and subcontractors and then stored with both.

  1. Go to “Settings>Accountancy>Payment condition” in the menu.
  2. A table is displayed with the existing payment terms.
  3. To create a new payment term, click on “New” in the toolbar.
  4. Then fill the existing fields with information as follows:
    1. Code: Here you can enter a short keyword so that you can find the payment terms better, for example, with the customer or with the invoice.
    2. Printout Invoice: This text appears on the invoice.
    3. Printout Other Documents: This text appears on all other relevant documents except the invoice, e.g. for subcontractors on the contract of carriage or for customers on the order confirmation.
    4. COD: Check the box if cash-on-delivery.
    5. Direct debit: Check the box if direct debit is used.
    6. Due days: Here you enter in numerical form the number of days until when the invoice is due. That means if you have a payment term of 30 days, enter “30”.
    7. Cash discount days: Enter the number of days within which the payment must be made in order to receive the cash discount or discount.
    8. Cash discount: Enter the percentage discount.
    9. Following Month: If the box is ticked, the due dates only count from the first day of the following month.
    10. Deleted: Check the box to make the selected payment terms inactive.
  5. After you have completed the data, click on “Save” in the toolbar.

Was this article helpful?

Related Articles

About Logistiqo

Logistiqo is a comprehensive yet intuitive and modern web-based logistics software and warehouse software for small, medium and large freight forwarders and logistics companies. You can get started right away and use the software.

Follow us

Find out more about us and the web-based logistics software Logistiqo and stay up to date: Follow us on our social media channels.


Yes, please send me regular e-mail updates. For more information, see our Privacy Policy.
© Logistiqo GmbH | Web-based Freight Forwarding Software & Logistics Software in the Cloud | Imprint | Data Privacy