diff --git a/app/Constants.php b/app/Constants.php
index b49671d0ecb0..077775db8994 100644
--- a/app/Constants.php
+++ b/app/Constants.php
@@ -605,7 +605,6 @@ if (! defined('APP_NAME')) {
         'dateFormats' => 'App\Models\DateFormat',
         'datetimeFormats' => 'App\Models\DatetimeFormat',
         'languages' => 'App\Models\Language',
-        'paymentTerms' => 'App\Models\PaymentTerm',
         'paymentTypes' => 'App\Models\PaymentType',
         'countries' => 'App\Models\Country',
         'invoiceDesigns' => 'App\Models\InvoiceDesign',
diff --git a/app/Http/Controllers/PaymentTermApiController.php b/app/Http/Controllers/PaymentTermApiController.php
new file mode 100644
index 000000000000..ef11a64e19f5
--- /dev/null
+++ b/app/Http/Controllers/PaymentTermApiController.php
@@ -0,0 +1,160 @@
+<?php
+
+namespace App\Http\Controllers;
+
+use App\Http\Requests\CreatePaymentTermAPIRequest;
+use App\Http\Requests\PaymentTermRequest;
+use App\Http\Requests\UpdatePaymentTermRequest;
+use App\Libraries\Utils;
+use App\Models\PaymentTerm;
+use App\Ninja\Repositories\PaymentTermRepository;
+use Illuminate\Support\Facades\Input;
+
+class PaymentTermApiController extends BaseAPIController
+{
+    /**
+     * @var PaymentTermRepository
+     */
+    protected $paymentTermRepo;
+    protected $entityType = ENTITY_PAYMENT_TERM;
+
+    /**
+     * PaymentTermApiController constructor.
+     *
+     * @param PaymentTermRepository $paymentTermRepo
+     */
+    public function __construct(PaymentTermRepository $paymentTermRepo)
+    {
+        parent::__construct();
+
+        $this->paymentTermRepo = $paymentTermRepo;
+    }
+
+    /**
+     * @SWG\Get(
+     *   path="/paymentTerms",
+     *   summary="List payment terms",
+     *   operationId="listPaymentTerms",
+     *   tags={"payment terms"},
+     *   @SWG\Response(
+     *     response=200,
+     *     description="A list of payment terms",
+     *      @SWG\Schema(type="array", @SWG\Items(ref="#/definitions/PaymentTerms"))
+     *   ),
+     *   @SWG\Response(
+     *     response="default",
+     *     description="an ""unexpected"" error"
+     *   )
+     * )
+     */
+
+    public function index()
+    {
+
+        $paymentTerms = PaymentTerm::scope()
+            ->orWhere('account_id',0)
+            ->orderBy('num_days', 'asc');
+
+        return $this->listResponse($paymentTerms);
+    }
+
+        /**
+         * @SWG\Get(
+         *   path="/paymentTerms/{payment_term_id}",
+         *   summary="Retrieve a payment term",
+         *   operationId="getPaymentTermId",
+         *   tags={"payment term"},
+         *   @SWG\Parameter(
+         *     in="path",
+         *     name="payment_term_id",
+         *     type="integer",
+         *     required=true
+         *   ),
+         *   @SWG\Response(
+         *     response=200,
+         *     description="A single payment term",
+         *      @SWG\Schema(type="object", @SWG\Items(ref="#/definitions/PaymentTerms"))
+         *   ),
+         *   @SWG\Response(
+         *     response="default",
+         *     description="an ""unexpected"" error"
+         *   )
+         * )
+         */
+
+    public function show(PaymentTermRequest $request)
+    {
+        return $this->itemResponse($request->entity());
+    }
+
+
+        /**
+         * @SWG\Post(
+         *   path="/paymentTerms",
+         *   summary="Create a payment Term",
+         *   operationId="createPaymentTerm",
+         *   tags={"payment term"},
+         *   @SWG\Parameter(
+         *     in="body",
+         *     name="payment term",
+         *     @SWG\Schema(ref="#/definitions/PaymentTerm")
+         *   ),
+         *   @SWG\Response(
+         *     response=200,
+         *     description="New payment Term",
+         *      @SWG\Schema(type="object", @SWG\Items(ref="#/definitions/PaymentTerm"))
+         *   ),
+         *   @SWG\Response(
+         *     response="default",
+         *     description="an ""unexpected"" error"
+         *   )
+         * )
+         */
+    public function store(CreatePaymentTermAPIRequest $request)
+    {
+
+        $paymentTerm = PaymentTerm::createNew();
+
+        $paymentTerm->num_days = Utils::parseInt(Input::get('num_days'));
+        $paymentTerm->name = 'Net ' . $paymentTerm->num_days;
+        $paymentTerm->save();
+
+        return $this->itemResponse($paymentTerm);
+    }
+
+    /**
+     * @SWG\Delete(
+     *   path="/paymentTerm/{num_days}",
+     *   summary="Delete a payment term",
+     *   operationId="deletePaymentTerm",
+     *   tags={"payment term"},
+     *   @SWG\Parameter(
+     *     in="path",
+     *     name="num_days",
+     *     type="integer",
+     *     required=true
+     *   ),
+     *   @SWG\Response(
+     *     response=200,
+     *     description="Deleted payment Term",
+     *      @SWG\Schema(type="object", @SWG\Items(ref="#/definitions/PaymentTerm"))
+     *   ),
+     *   @SWG\Response(
+     *     response="default",
+     *     description="an ""unexpected"" error"
+     *   )
+     * )
+     */
+    public function destroy($numDays)
+    {
+
+        $paymentTerm = PaymentTerm::where('num_days', $numDays)->first();
+
+        if(!$paymentTerm || $paymentTerm->account_id == 0)
+            return $this->errorResponse(['message'=>'Cannot delete a default or non existent Payment Term'], 400);
+
+        $this->paymentTermRepo->archive($paymentTerm);
+
+        return $this->itemResponse($paymentTerm);
+    }
+}
diff --git a/app/Http/Requests/CreatePaymentTermAPIRequest.php b/app/Http/Requests/CreatePaymentTermAPIRequest.php
new file mode 100644
index 000000000000..44002ecf90ee
--- /dev/null
+++ b/app/Http/Requests/CreatePaymentTermAPIRequest.php
@@ -0,0 +1,36 @@
+<?php
+
+namespace App\Http\Requests;
+
+use App\Models\Invoice;
+
+class CreatePaymentTermAPIRequest extends Request
+{
+    /**
+     * Determine if the user is authorized to make this request.
+     *
+     * @return bool
+     */
+
+    public function authorize()
+    {
+        return $this->user()->can('create', ENTITY_PAYMENT_TERM);
+    }
+
+    /**
+     * Get the validation rules that apply to the request.
+     *
+     * @return array
+     */
+
+    public function rules()
+    {
+
+        $rules = [
+            'num_days' => 'required|numeric|unique:payment_terms',
+        ];
+
+
+        return $rules;
+    }
+}
diff --git a/app/Http/Requests/PaymentTermRequest.php b/app/Http/Requests/PaymentTermRequest.php
new file mode 100644
index 000000000000..adb224eb4788
--- /dev/null
+++ b/app/Http/Requests/PaymentTermRequest.php
@@ -0,0 +1,8 @@
+<?php
+
+namespace App\Http\Requests;
+
+class PaymentTermRequest extends EntityRequest
+{
+    protected $entityType = ENTITY_PAYMENT_TERM;
+}
diff --git a/app/Http/Requests/UpdatePaymentTermRequest.php b/app/Http/Requests/UpdatePaymentTermRequest.php
new file mode 100644
index 000000000000..022a65087d39
--- /dev/null
+++ b/app/Http/Requests/UpdatePaymentTermRequest.php
@@ -0,0 +1,17 @@
+<?php
+
+namespace App\Http\Requests;
+
+class UpdatePaymentTermRequest extends EntityRequest
+{
+
+    /**
+     * Get the validation rules that apply to the request.
+     *
+     * @return array
+     */
+    public function rules()
+    {
+        return [];
+    }
+}
diff --git a/app/Ninja/Transformers/PaymentTermTransformer.php b/app/Ninja/Transformers/PaymentTermTransformer.php
new file mode 100644
index 000000000000..e26e2250936f
--- /dev/null
+++ b/app/Ninja/Transformers/PaymentTermTransformer.php
@@ -0,0 +1,36 @@
+<?php
+
+namespace App\Ninja\Transformers;
+
+use App\Models\PaymentTerm;
+
+/**
+ * @SWG\Definition(definition="PaymentTerm", required={"payment_term_id"}, @SWG\Xml(name="PaymentTerm"))
+ */
+class PaymentTermTransformer extends EntityTransformer
+{
+    /**
+     * @SWG\Property(property="id", type="integer", example=1, readOnly=true)
+     * @SWG\Property(property="num_days", type="number", format="integer", example=10, readOnly=true)
+     * @SWG\Property(property="name", type="string", example="Net 7")
+     */
+
+    public function __construct($account = null, $serializer = null, $paymentTerm = null)
+    {
+        parent::__construct($account, $serializer);
+
+        $this->paymentTerm = $paymentTerm;
+    }
+
+
+    public function transform(PaymentTerm $paymentTerm)
+    {
+        return array_merge($this->getDefaults($paymentTerm), [
+            'num_days' => (int) $paymentTerm->num_days,
+            'name' => trans('texts.payment_terms_net') . ' ' . $paymentTerm->getNumDays(),
+            'updated_at' => $this->getTimestamp($paymentTerm->updated_at),
+            'archived_at' => $this->getTimestamp($paymentTerm->deleted_at),
+            'is_default' => $paymentTerm->account_id == 0 ? 1 : 0,
+        ]);
+    }
+}
diff --git a/routes/api.php b/routes/api.php
index ac10161238ff..daac865cabb9 100644
--- a/routes/api.php
+++ b/routes/api.php
@@ -32,3 +32,4 @@ Route::resource('documents', 'DocumentAPIController');
 Route::resource('vendors', 'VendorApiController');
 Route::resource('expense_categories', 'ExpenseCategoryApiController');
 Route::post('ios_subscription_status', 'AccountApiController@iosSubscriptionStatus');
+Route::resource('payment_terms', 'PaymentTermApiController');