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Accounting List-Payment Terms

edited Mar 10, 2021 3:47AM in Ask A Guru 4 comments

Hi There

I have the following payment terms which I would like to set up.


Invoices are to be due on the 20th of the following month.

For example, if an invoice is raised on 1st Feb, the payment term means the invoice due date is 20th March.

If the invoice is raised 28th February, the invoice is still due on the 20th March.


So far, I have tried setting this using 2 different set ups and neither of these gives me the result I want:



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