The due date of one of my invoices is not correct. What could be causing this?
On an invoice, the Due Date can not fall on or before the Discount Date. If it does, the Due Date will be recalculated.
Document date: 4/1/2012
Payment Terms: 2% 30/Net 1st
In this example, the Due Date and the Discount Date will both fall on 5/1/2012. When this happens, Dynamics will set the discount date = 5/1/2012 and push the Due date ahead to 6/1/2012.
This only occurs with months having 30 days or less.
One workaround is to manually edit the Due Date in the Payment Terms expansion window when entering in the invoice. Another option is to set up two different payment terms to utilize.
MICROSOFT AND/OR ITS SUPPLIERS MAKE NO REPRESENTATIONS OR WARRANTIES ABOUT THE SUITABILITY, THE RELIABILITY OR THE ACCURACY OF THE INFORMATION THAT IS CONTAINED IN THE DOCUMENTS AND THE RELATED GRAPHICS PUBLISHED ON THIS WEB SITE (THE “MATERIALS”) FOR ANY PURPOSE.
THE MATERIALS MAY INCLUDE TECHNICAL INACCURACIES OR TYPOGRAPHICAL ERRORS AND MAY BE REVISED AT ANY TIME WITHOUT NOTICE. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, MICROSOFT AND/OR ITS SUPPLIERS DISCLAIM AND EXCLUDE ALL REPRESENTATIONS, WARRANTIES, AND CONDITIONS WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING BUT NOT LIMITED TO REPRESENTATIONS, WARRANTIES, OR CONDITIONS OF TITLE, NON-INFRINGEMENT, SATISFACTORY CONDITION OR QUALITY, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO THE MATERIALS.
Click to see enhancements made to payment terms in Dyanmics GP 2015: