Transactions & Reporting > Sales (Money In) > Customer Records > Add or Change Early-Payment Terms for Customers

Add or Change Early-Payment Terms for Customers

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Calculate early-payment discounts before taxes

There are three ways in Sage 50 Accounting to add or change early-payment terms for a customer:

ClosedAdd or change terms for all customers

Note: The early-payment terms entered in the settings is overridden by terms recorded in a customer's record or invoice.

  1. In the Home window on the Setup menu, choose Settings.
  2. Click Customers and Sales and then Discount.
  3. In the Early Payment Terms section, add or change the early-payment terms.
  4. Click OK.
ClosedAdd or change terms for a customer
  1. In the Home window, click on the Customer and Sales tab, and then the Customers icon.
  2. Double-click on the customer's name to open their record.
  3. On the Options tab, in the Early Payment Terms section, enter:
    • The discount rate
    • The number of days within which an invoice must be paid to receive the discount
    • The number of days within which the full amount of an invoice must be paid
  4. On the File menu, click Save.
  5. Close the customer record.
ClosedAdd or change terms on a customer invoice
  1. Enter a sales invoice.
  2. Depending on the payment method you have selected, there are different ways to enter the payment terms or early-payment discount:
    ClosedPay Later

    In the Terms box, add or change the early-payment terms.

    ClosedCash, Cheque, or Credit Card

    In the Early Payment Discount box, enter a percent rate.

Published: June 19, 2017
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