To add, delete, or modify payment terms for accounts:

1. Log in as an administrator*

2. Click the Setting Tabs and then Preferences.

3. Click Account on the left panel.

4. Type the name for your term under Terms ID.  Ex. Net 30, COD, CASH, AMEX, C.C

5. Fill in the appropriate "Discount Of", "If Paid In X days" and "Net Due in X days" if necessary.

6. Click ADD.

To Delete, simply click the "X" next to the Payment Term that you wish to delete.

To Modify, simply delete and existing payment term and add a new one.

* Only users with administrations rights can achive this step.