Re: Creation of Payment Terms where Due Date depends on Invoice Date

Hi Eelco,

As per my understanding your requirement is as under:

The Payment Terms that you need to consider is as under:

Define Payment Terms for Sr.No 1 above as under:

Select

and input Fixed Day of Month as 2 in Net Price Due

Define Payment Terms for Sr.No 2 above as under

Select "Use Fixed Date Calculation" and Define the Net Price Due as under:

So when Customer Invoice dated 01/10/2016 the payment due date will be 02/02/2016 in case of Sr.No 1 will be as under:

and in case of Sr.No. 2 if the invoice date is 01/18/2016 the payment due date will be 02/03/2016:

Note: 1) You need to select the Payment Term based on Invoice Date while creating the Customer Invoice.

         2) While creating the Invoice for past date consider the posting date too.

         3) I have not considered config. for Discount.

Hope this clarifies.Please let me know.

Regards,

Chempian Pontie