What are payment and collection terms?

Payment and collection terms deal with when you pay or are paid for orders you have made or received. For example, you may take an order for one of your products but not receive the cash for another 30 days. When you set this up you'll see this delay on your cash flow charts and reports because they deal with when cash is actually exchanged. You can also use them to set up unpaid cash, allowing you to model a percentage of your sales or costs remaining unpaid.

How do they work in Brixx?

You can find the global payment & collections terms by pressing Settings in the top menu. Then click the Finance Settings sub-tab. You'll see these options towards the bottom of this page.

Every component in your plan can have payment and collection terms individually applied. This is done inside the data panel for each component. You can set a global default here in the finance settings of your plan. What this will do is change the default value of 'No delay' to the change your make here.

Collection Terms

Delay when you receive income in your cash flow

Changing this setting overrides the 'No delay' dropdown in all Income components in the plan.

Payment terms

Delay when you pay costs in your cash flow

Changing this setting overrides 'No delay' dropdown in all Cost of Sales, Operational Cost and Employee components in the plan.

Note If you have made a change to the payment or collection terms inside a component, the global rate will not be used. This way you can set up exceptions to your global setting.


The dropdown provides the options for 1 month delay, 2 month delay, 3 month delay and custom. Custom allows you to apportion the amount of cost or income across 0 to 3 months (or unpaid).