Set up your payment details

1. Click your business name then choose Invoice and quote settings. The Invoice and quote settings page appears.
2. Click the Payments tab.
3. Set your Default payment terms.
   • In the Payment is field, choose your terms.
   • In the next field, enter the number of days or choose an option (based on your choice in the Payment is field).

To set up your invoice payment options

Online payment options (Australia only)

Online payments allow your clients to pay their invoices faster - straight from their emailed invoices.

In the Invoice payment options section of the Payment options tab, you can set up or edit the online payments for your business.

If using online payments, choose the Account for receiving online payments. This is the MYOB account that matches the actual bank account the payments will go to. If you're already set up and you need to change the actual bank account your payments go to, click Edit preferences and follow the prompts. For more details, see Editing your business bank details.

Printed payment options

Choose the payment options that'll appear at the bottom of your printed invoices.

• If you select Allow payments by direct deposit, enter the details of the bank account you want customers to make payments into.
• If you select Allow payments by mail, your business address (as entered on the Business details page) will display on your invoices.

When you're done, click Save.

To set up your invoice payment options

1. Click your business name then choose Invoice and quote settings. The Invoice and quote settings page appears.
2. Click the Payments tab.
3. Under Invoice payment options, choose the payment options you'll offer your customers.
   • (Australia only) Online payments allow your clients to pay their invoices faster, straight from their emailed invoices. To get started, click Set up online payments options. This is what it'll look like on printed invoices:
     
     When online payments are activated, select the Account for receiving online payments. This is the MYOB account that matches the actual bank account the payments will go to. To change the actual bank account, click Edit preferences and follow the prompts.
   • If you accept direct deposit payments, select the option Allow payments by direct deposit and enter the details of the bank account you want customers to make payments into. See an example of how these details will appear on your invoices.
   • If you accept cheque payments by mail, select the option Allow payments by mail. Your business address details (entered on the Business details page) will show at the bottom of your invoice as shown in this example.
     
4. When you're done, click Save.