> For the complete documentation index, see [llms.txt](https://docs.inogic.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.inogic.com/subscription-and-recurring-billing-management/setup-areas/payment-terms-definition.md).

# Payment Terms Definition

This entity defines the payment terms that the customer has agreed to. Invoice due date is set as per the payment terms definition selected on the Subscription Schedule.

### How to add Payment Terms:

* Navigate to **Subscription and Recurring Billing Management APP --> Others --> Payment Terms --> Click on 'New' button.**
* Fill in the details for the following fields:
  * **Name:** Give a suitable name as per your requirement.
  * **Payment Terms:** This is an option set. Here, if Payment Terms is selected as **Net 30** then automatically the **Due Days** are set to **30**. If the **Other** option is selected then the Due Days need to be entered as per the requirement.

![](/files/-Mb0Ypq1rqID4hWCOyuI)

{% hint style="success" %}
For further queries, reach out to us at <crm@inogic.com>
{% endhint %}