Which statement is true regarding the default display of terms on customer invoices?

The statement that terms entered on the customer record will appear by default on the invoice is correct. In NetSuite, when you set up a customer, you can specify various details, including payment terms. Once these terms are defined at the customer level, they automatically display on any invoices generated for that customer. This streamlined process facilitates consistent invoicing and ensures that the payment expectations align with what has been established in the customer’s profile.

Having payment terms default from the customer record reduces manual entry and the potential for errors, which enhances efficiency in the billing process. This functionality is particularly beneficial for businesses that handle multiple transactions with the same customers regularly, as it standardizes expectations for payment timelines and fosters clearer communication.

In contrast, the other options do not accurately describe how terms are managed for invoices in NetSuite. For instance, saying that terms do not appear on the invoice by default contradicts the system’s designed functionality. The notion that terms must be set up separately for each invoice or that they can only be manually entered suggests a level of friction that the software seeks to minimize for user convenience and efficiency.