Our system supports the following trading term options:
| Rule | Example |
|---|---|
| $x days after the invoice issue date | 7 days, 14 days, 21 days. If '0' is entered, the invoice becomes due immediately after it is approved. This will trigger the Invoice Due event and send a notification to the customer (if enabled). |
| $x day of the current month | Every month on the chosen date where the invoice covers the current period. If the date in the current month has already passed, the invoice will fall due on the same date in the following month |
| $x day of the following month | Every month on your chosen date where the invoice will cover the previous period. |
| $x days after the account invoice period end date | If the account invoice period ends on the 31st, x days after. |
Changing Trading Terms
If an invoice is already pending, any change made to the default or a customer's trading terms will not affect the pending invoice. Trading term changes will apply to invoices generated after the change is made.