Payment Terms Based upon Item Sold
We use Order Management with AR for sales and invoicing. We traditionally sell items with 30 terms. We are now looking at selling a new item that is more like a service contract over 12 months with 12 monthly invoices and 12 equal revenue recognition periods. We will be selling this to any of our existing customers (with Net 30) default terms.
Can we invoice these using installments based upon the item coming from OM?
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