Different Payment Terms and Payment Modes | Zayls

Payment Terms is the agreed condition when the buyer would pay for the amount due.

Examples:

• NET15 – Payment 15 days after the invoice date
• NET30 – Payment 30 days after the invoice date
• COD – Cash on Delivery

In Zayls, you can set up numerous Payment Terms under Settings.

Examples:

• DEL15 – Payment 15 days after Invoice Received
• DEL30 – Payment 30 days after Invoice Received

Payment Mode pertains to how the client will pay for the amount due.

Examples:

• Cash – This mode pertains to the client paying your company in cold cash
• Direct Deposit – This mode pertains to the client paying through the bank on your account
• Checks – This mode pertains to the client paying using their bank-issued check