To change the payment terms on your invoice templates:
- Use the 'Search tool' to search New Payment Terms:
- Enter the name of your new payment term i.e. "Due in 7 days"
- Where it asks you to define the instalments of your Payment Template, enter 100%
- Number of days: 7 (do not use "X days" for this example)
- Payment method: Other (this will not be displayed on your documents)
- Select 'Done'
Please note that it is the user's responsibility to ensure that all invoices and credit notes issued to customers are compliant with HMRC’s rules on the issuance of invoices and credit notes. For more information, and to familiarise yourself with the latest advice, please refer to the government’s website.