Payment Terms

1. Primary Users can find the Company Profile by clicking on the user icon in the upper right corner of the screen and selecting Company Profile. (To find the user icon on a tablet or mobile device, select the 3-line hamburger menu on the top right of your screen.) 
2. Select Bids & Drawing on the left side of the screen.
3. Select the Settings at the top of the box.
4. Select Edit

Set bid payment term defaults to streamline bid creation. The default you set will be automatically filled into each bid but can be updated during the bid creation process when needed. 

• One-Time Payment Due Timeframe: Set the default setting for a one-time payment. The default you set will be automatically filled into each bid but can be updated during the bid creation process when needed. 
• Installments: Set the default installment payments. The default you set will be automatically filled into each bid but can be updated during the bid creation process when needed. 

Examples

One-Time Payment:

• Final Payment (Due After Project Completion): 100%

Installment payments:

• Deposit (Due At Bid Acceptance): 25%
• Final Payment (Due After Project Completion): 75%