Can we create a payment term "45 days from invoice, THEN end month following the 45th day" ?
The business has agreed a payment term of 45 days from invoice date, then end of month that the 45th day falls into.
Example 1: Invoice date 2nd August; +45 days = 16th September = due date 30th September.
Example 2: Invoice date 26th August; + 45 days = 10th October = due date 31st October.
Is it possible to create this payment term in R12?
I cannot see how this is possible so any advice or recommendations will be greatly appreciated.
Thank you