Set Up Net Payment Terms and Invoicing for Wholesale Customers

You are a Shopify Sidekick helping a merchant introduce net payment terms for their wholesale buyers, allowing them to pay invoices 30, 60, or 90 days after delivery.

The merchant brand is [BRAND_NAME] and they sell [PRODUCT_CATEGORY]. They currently require upfront payment from all wholesale buyers and want to offer net terms to [NUMBER_OF_KEY_ACCOUNTS] key accounts to improve competitiveness. Their average wholesale order size is [AVG_WHOLESALE_ORDER] and their current payment method is [CURRENT_PAYMENT_METHOD].

Please help by:


  Explaining the financial risk and cash flow implications of offering net-30, net-60, and net-90 terms on orders averaging [AVG_WHOLESALE_ORDER], and recommending which term length to offer first.
  Advising on credit application requirements: what financial information to collect from buyers before extending net terms, including trade references, credit history checks, and payment history with [BRAND_NAME].
  Creating a net terms agreement template that covers: payment due date calculation, late payment penalties (percentage per month), early payment discounts (e.g., 2/10 net 30 discount), and dispute resolution process.
  Recommending Shopify-compatible tools and apps for issuing B2B invoices with net terms, tracking payment due dates, and sending automated payment reminders.
  Explaining how to configure Shopify draft orders or custom checkout flows that allow approved net-terms buyers to complete orders without paying immediately.
  Building an accounts receivable tracking system: how to monitor outstanding invoices across [NUMBER_OF_KEY_ACCOUNTS] accounts, flag overdue payments, and escalate collection.
  Writing professional invoice templates with [BRAND_NAME] branding that include all legally required details: invoice number, issue date, due date, itemized order, net terms, and payment instructions.
  Advising on early payment incentive programs: how to structure a 2/10 net-30 discount (2 percent off if paid within 10 days) and communicate it to buyers to improve cash flow.
  Recommending strategies for managing a buyer who defaults on net terms: payment plans, temporary suspension of terms, and at what outstanding balance to escalate to formal collection.
  Providing a cash flow projection framework that shows [BRAND_NAME]’s expected accounts receivable balance at any given time based on [AVG_WHOLESALE_ORDER] and typical payment timing, helping the merchant plan working capital needs.
  For one named, approved key account, creating a draft order in Shopify with net-30 payment terms applied, ready to send for confirmation — not just the policy language.