How do I set up terms of net 30th prox, where all invoices from this month are due the last day of next month?
I have tried using the date-driven screen, but I can't get my invoices to show a due date of the last day of next month.
First, let's get the scenario clear. Terms are that the net amount is due on the 30th day of the following month. Your question states "I can't get my invoices to show a due date of the last day of the month". Your terms are that your bills are due on the 30th, not the last day of the month. I believe in February, QuickBooks will show the last day of the month, every other month will be the 30th.
So, Net due before the 30 th day of the month.
Due the next month if issued within 30 days of due date.
Discount percentage is 0.0%.
Discount if paid before the 30 th day of the month.
I use this for my vendors which are Electrical materials suppliers, but they are due on the 25th of the following month.
I have tried this on Premier 2008 with no success, just tried it on 2010 as I have just updated and it still doesnt work for me, any other ideas please?
I have Contractor 2010 Premier mine was for the 20th of each month and I followed the steps above and fillied it out this way
Net due before the 20th
Due the next month if issued withing 30 days of due date
Discount % 0.00
Discount if paid before th 20th day of the month
I was editing previously entered bill and to get it to take I had to change it to a different term then back to the on I wanted for it to update. Hope this helps.
