> For the complete documentation index, see [llms.txt](https://knowledge.out-smart.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://knowledge.out-smart.com/backoffice/backoffice/invoices/set-payment-terms-in-an-invoice-scheme.md).

# Set payment terms in an invoice scheme

Payment terms for invoices are set inside the invoice scheme.

You do not create them as a separate standalone record.

{% stepper %}
{% step %}

### Open the invoice settings

Go to **Invoices**.

Click the **cogwheels** in the top right.
{% endstep %}

{% step %}

### Open a scheme

Create a new scheme or edit an existing one.
{% endstep %}

{% step %}

### Set the expiry days

Find **Invoice expires after X days**.

Enter the number of days you want to use as the payment term.
{% endstep %}

{% step %}

### Choose status updates

Turn on **Update statuses automatically** if invoice statuses should change when the expiry date passes.
{% endstep %}

{% step %}

### Save the scheme

Click **Save**.
{% endstep %}
{% endstepper %}

### Good to know

* Each scheme can use a different payment term.
* The expiry setting also affects reminder timing.
* The payment term is part of the scheme setup.

### Exact integration note

If you export invoices to **Exact**, the payment terms in OutSmart and Exact must match exactly.

If they do not match, Exact can reject the invoice export.

### Frequently asked questions

<details>

<summary>Can I use different payment terms for different customers?</summary>

Yes.

Use different invoice schemes.

</details>

<details>

<summary>Does this control reminder emails too?</summary>

Yes.

Reminder timing depends on the invoice expiry date.

</details>

<details>

<summary>Is this a separate settings page?</summary>

No.

It is part of the invoice scheme.

</details>

### Related topics

* [**Create an invoice scheme**](/backoffice/backoffice/invoices/create-an-invoice-scheme.md)
* [**Create an invoice email template**](/backoffice/backoffice/invoices/create-an-invoice-email-template.md)


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