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Paym Term Base Date = End of Month

  • 29 April 2024
  • 2 replies
  • 33 views

Badge +6

Hi Everybody,

 

I have the need to setup a couple of payment terms that have the Payment Term Base Date = End of Month, so it always start counting the days at the end of month, then after counting the days make is end of month again and then add a fixed number of days.

 

I managed to do it but only if I set manually on the invoice, the Paym Term Base Date as end of month. Is there a way to have this setup automatically?

 

In my example, an invoice issued on 02-April will have the first installment due on 05-Aug and the second due still on 05-Aug as is starts counting the days on 02-Apr and 90 days are on 1st of July, and 120 days are on 31st of July which lead to the same end of month.

 

Thank you!

 

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Best answer by Adam Bereda 29 April 2024, 17:26

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2 replies

Userlevel 7
Badge +16

Hello,
You can try to specify 1 as Number of Free Delivery Months - in both the lines. 
As per my understading, this makes system to apply remaining calculation rules from end of base date month. 

Badge +6

Hi Adam,

 

Thank you, is this the solution I was looking for. Thank you!

 

Wish you a great day ahead!

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