This video explains how to configure and use different payment terms in Odoo 14.
Business organizations often follow different payment collection and payment making methods. In many cases, the payments to suppliers or payments from customers are made as installments.
Odoo ERP has a feature to configure and use different payment methods in it. In Odoo, it is called Payment terms. The usage of the feature Payment Terms is so convenient and viable in different business scenarios. We can set different payment terms and use them for both customer bills and vendor bills.