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Please note that this page covers the conceptual explanation of payment terms. For a step by step guide on how to configure Payment terms, please see here. |
In the payment term configuration, a distinction is made between payment term sets, payment terms and payment term rules. Together they form a coherent whole in the following way:
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- Payment term set:
- Booked >60 days before arrival
- Payment terms:
- 1st downpayment at bookdate
- Rule: 10% reservation amount
- 2nd payment at arrival
- Rule: 2nd payment: Remainder
- 1st downpayment at bookdate
- Payment terms:
- Booked >60 days before arrival
