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Question

Payment terms configuration


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We are on version 10 of IFS.  

We need assistance of how to set-up the following payment term:

 

1) 45 days from ship date

2) End of month of calculated date in step 1

3) Plus one day of calculated date in step 2

 

Example: Ship date 2/14/2025, plus 45 days equals 3/31/2025. EOM puts it at 3/31/2025, plus one day equals 4/1/2025

Example: Ship date 2/15/2025, plus 45 days equals 4/1/2025. EOM puts it at 4/30/2025, plus one day equals 5/1/2025.

 

Does anyone have information on how to set-up this up?

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