Add Payment Terms to a Quote

How to add payment terms to a quote in Texada iQuote.

Adding Payment Terms

5 different types of Payment Terms can be quoted to a customer:

Receipt of Invoice
Delivery
CSC (Conditional Sales Contract)
Lease
RPO (Rental with Purchase Option)

There is no limit to the number of Payment Terms that can be added to a quote. Each type has its own specific information to be entered.

Receipt of Invoice and Delivery

There are options at the top that control how the price will be shown on the quote document. If you put a check mark next to either the Warranty or the Trade Allowance, then the prices will read as Included on the quote document.

If you do not check them, they will be priced separately. Enter the Cash with Order without a dollar sign or commas. When completed, click New Term at the top to add another option, Quote Editor to change the quote, Agreement Editor to print a Sales Agreement without a quote, or Save Only to stay on the page.

CSC (Conditional Sales Contract)

Select CSC from the drop-down menu, then enter the payment terms information into the required fields.

When completed, click New Term at the top to add another option, Quote Editor to change the quote, Agreement Editor to print a Sales Agreement without a quote, or Save Only to stay on the page.

Lease

The procedure is exactly the same as listed for CSC above except there is an additional field for a Buyout Amount at the end of the lease.

RPO (Rental with Purchase Option)

Enter the Cash with Order (if any), Monthly Rate, Overtime Rate (if any), select a Minimum and Maximum Term for the agreement in the drop-down lists next to each. Select either Net Payment upon Receipt or Other for the payment terms. If you choose Other, enter the arrangement being quoted. RFP Program and comments are optional.