How to Set Default Payment Terms and Invoice Prefix

You can set a default payment term and invoice number prefix in Settings so every new invoice is pre-filled correctly. You can always override these on individual invoices.

Steps

1. Go to Settings → Business.
2. Scroll down to the Invoice defaults section.
3. In Invoice prefix, enter a short code (e.g. INV or PL). This appears at the start of every invoice number.
4. In Currency, select your default billing currency.
5. In Invoice note, enter any standard terms or footer text you want pre-filled on every invoice (e.g. "Payment due within 14 days").
6. Click Save Changes.

Use a meaningful prefix — e.g. your initials or a short business code. It makes it easier to reference invoices in conversation with clients ("invoice PL-0042").