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Supplier Invoice - Payment Terms - February

  • January 30, 2024
  • 3 replies
  • 183 views

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Hello,

 

We have supplier invoices dated 31/01 however the invoices are being pulled in for payment at the end of March instead of the end of February with the payment terms of 30 days end of month due to there only being 29 days in February this year.

Is there any rule that can be created to capture this and automatically change the payment date without it being manually changed?

 

Thanks.

Best answer by Himarshi Gunathilaka

Hi,

 

Please check if the following payment term setup is working for you.

 

3 replies

Marcel.Ausan
Ultimate Hero (Partner)
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  • Ultimate Hero (Partner)
  • January 30, 2024

@TKUKGILESTK I imagine you could use 28 days - end of month due date. Then for every invoices that you record on the last day of the month, the payment due date would be the end of next month.

You would need to be careful with invoices on 2nd of Jan → they will have due date 31st of Jan - but maybe this is what you wish.


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Hi,

 

Please check if the following payment term setup is working for you.

 


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  • Author
  • January 31, 2024

Hi,

 

Thank you both for taking the time to answer. 

 

Regards,

Kevin