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Tom Jones CFL
June 15, 2023
Question

Payment Terms For Supplier Invoices

  • June 15, 2023
  • 1 reply
  • 0 views

Hi 

 

I am setting up suppliers on our new Online version and whilst I am OK setting up new payment terms for a fixed number of days (15 days, 30 days etc) I am struggling to figure out how to set up 

Month end +30 days or Month end following month

Month end +60 days 

 

any ideas?  I could be missing the blindingly obvious after 2 days of data mapping.  

Thanks

 

1 reply

A
Ashleigh1
June 15, 2023

 Hello TomJonesCFL, Thanks for posting on the Community page, You would have to set up your own, but there's nothing really to stat 1 month from the day in QuickBooks, term 30 should cover that for you.

T
Tom Jones CFLAuthor
June 15, 2023

Thanks but no that wouldn't cover it. Month end + 30 means 

 

Delivery 1st of June would be payment 30th July

 

Delivery 7th of June would be payment 30th July

 

Delivery 28th of June would be payment 30th July.  

 

The 30 day term doesn't meet any of this.  

A
Ashleigh1
June 15, 2023

Hello TomJonesCFL,  if you go to main cog wheel>account and settings> sales>sales form content> preferred invoice terms> you can call it what you want and then you can choose

New Term

*Name

 Due in fixed number of days

 days

 Due by certain day of the month

 day of month

Due the next month if issued within

 days of due date

 

Then click save>save>done 

 

That is the only way to do it if that doesn’t suit you I suggest you leave feedback within the main cog wheel>feedback this gets sent straight to the developers. 

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