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Magento Terms and Conditions Missing

This was an interesting issue we ran into recently while building an E-commerce site for one of our clients. Typically “Terms and Conditions” is easily enable in the administrative section by first going to Configuration -> System -> Checkout ->Checkout Options and choosing yes to enable “Terms and Conditions”. Then going to Sales -> Terms and conditions and typing in your terms. With our setup, we were able to choose yes to enable “Terms and Conditions”, but we were not able to see the option under sales to fill in a list of terms.

The only fix that worked for us was to log into phpMyAdmin, and add the following values.

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insert into checkout_agreement values (null, 'Terms and Conditions', 'These are your terms!!!', '', 'Yes/No', 1, 0);
insert into checkout_agreement_store values (1,1);

Simply change ‘These are your terms!!!’ to the terms that apply to your site, and that’s it.

You can also write in HTML at this point, and use this fix to display things like hyperlinks, fonts, etc.