How do I set up a new payment terms in MYOB?
If you are a business owner or accountant, you may need to set up a new payment terms in MYOB in order to ensure that your customers are paying their invoices on time. This is important for maintaining a healthy cash flow and ensuring that your business is running smoothly. Setting up a new payment terms in MYOB can also help you to better manage your accounts receivable and ensure that you are collecting payments in a timely manner.
Grace Everwood
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7 steps
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29 seconds
Myob
1
Go to [https://www.myob.com/](https://www.myob.com/)
2
Click the “Settings” tab at the top of the page.
3
Click the “Payment Terms” button in the left-hand menu.
4
Click the “New” button at the top of the page.
5
Enter the name of the payment terms in the “Name” field.
6
Enter the number of days in the “Number of Days” field.
7
Click the “Save” button at the bottom of the page.