Using Credit Terms to Pay for Orders in TapGoods PRO
AR-Toggled Companies are entities for which you have enabled Credit Terms, allowing them to utilize credit as a payment method for their Orders. When a Company uses its Credit Terms, these companies are obligated to settle their balances within the negotiated Payment Terms.
All payments for Orders take place in the Billing tab of an existing Order.
To use Credit Terms to pay for an Order, follow the steps listed below:
- Click on the dropdown arrow next to Select Customer and select the Company.
- Select Credit Term as the Payment Method.
- Select Credit Amount Due or select Custom Amount and input a quantity.
- Click Submit Payment.
After payment is made using a Credit Term, you can add the Order to a Statement, which the Company must pay for in accordance with the Payment Terms you have agreed upon.