Hello, I’m registering installment payment terms. There’s a field called “Required Invoices” and I didn’t quite understand what it’s for. It has two options:
- Start of period
- End of period
What is the effect of each option?
Hey @Lucas.Dev96, how’s it going?
In short, VTEX says that “payment conditions are the rules that must be followed by anyone who wants to make a purchase in your store. In other words, they are the options displayed on the user’s screen at checkout.”
Basically, VTEX says that these period fields “are for calculating the installment amount with interest.”
So, it refers to the period during which the invoice remains open. For example, an invoice is open from 01/01/2023 to 01/03/2023 — in a 3-installment scenario, you can define whether the interest will be charged at the beginning or at the end of that period.
Hope that helps.
Cheers,
Estevão
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