Hi,

I'm looking at v11. There is a field Day 1 that if you set to 5 it will have the payment due on the 5th

Per the online help for this field:

"The value entered must be a date in the month (between 1 and 30) or 99 which corresponds to the last day of the month.
The use of this date is used to automatically postpone the due date calculated up to the nearest day of the month.
There can be up to 6 days on a same open item line."

Instead of using Days, try Months. I have 3 for month. If the Due date basis = 5/18/19, the payment date will be 9/5/19. If the due date is on 5/15 or earlier in May the due date would be 8/5/19. There is a Simulation button on the right panel that will show you the due date based on a selected Due date basis and the setup of the term.

Hope this helps.

Thank you! We have never used those days before.  This is exactly what I was looking for.

Hi,

You should be able to use the Month, Days and Month End fields in combination, so that you calculate 3 months from date of invoicing first, then 5 days after the following month end.  So an invoice dated today (13/6/19) would fall due on 5/10/19.

Hi,

You should be able to use the Month, Days and Month End fields in combination, so that you calculate 3 months from date of invoicing first, then 5 days after the following month end.  So an invoice dated today (13/6/19) would fall due on 5/10/19.