GUIDES · AUSTRALIA
Choosing payment terms
Payment terms tell customers when to pay. Clear, agreed terms are the simplest way to get paid on time.
General information only, not accounting, tax or legal advice. Check with your accountant or the ATO where a decision depends on your circumstances. Written 30 October 2026 · last checked 30 October 2026.
Common terms
- Due on receipt, for one-off or small jobs.
- 7 or 14 days, common for trades and services.
- 30 days or end of the following month, common between businesses.
Choosing
- Match your own costs: if you pay staff and suppliers weekly, long terms squeeze your cash.
- Agree the terms in your quote or contract, then show them on every invoice.
In Plain
Set default terms for each customer and Plain works out the due date on every invoice.
Official source
Try it
Set terms on a customer in the trial and raise an invoice.