Payment Terms – End of Month
Hi there, when you create the new payment term, for the “Day of Month Net Due” field, you’ll want to enter “31”. Then in the “Due Next Month if Within Days” field you’ll want to enter “31” as well if you want any invoice with this term issued on any day of the month to be due the last day of the following month. Even if the month doesn’t have 31 days in it, this will still work and it will default to the last day of the following month.
I believe if you have the below it works for the dates that follow Feb but cannot work the invoice dates from Jan that require it to be 28th Feb. This gives the least “errors” Very frustrating that something as expensive as Netsuite cannot do something this simple!
Day of month net due = 31
Due next month if within days = 30