In this article, we explain everything through this step by step guide on ClearTax GST Software- How to Add Terms and Conditions in Invoices.
Terms and conditions are such defined terms which are usually the basic and applicable to all customers for every invoice. However, this may be specific too to an individual customer. To set the terms and conditions follow the below steps:
For example, Payment must be made within 30 days of issue of invoice Payment mode must not be in cash for an amount exceeding Rs 20000
Once you set these terms and condition following the above-mentioned steps, this will reflect on every sale Bill or Bill of Supply your issue. This opted settings will be reflected in normal sales invoices and sales invoices under reverse charge as well
Quick Questions- 1 I have created sale bill or bill of supply before setting terms and conditions, how to update all the earlier invoices.
Quick Questions- 2 Terms and conditions have already been set, how to edit the same Follow the above-mentioned steps which you followed while setting the terms and conditions in the first place