Calculating due date for recurring bills

Things to know

  • When creating recurring bills, calculates the Bill Date (GL Posting Date) based on the Due Date minus the vendor's Payment Terms
  • If there are no payment terms established for a vendor, the Bill Date will be equal to the Due Date
  • To change the bill date, navigate to the vendor's page to edit the vendor's payment terms

If you do not see the described feature available in, you may not have access to the feature based on permissions for your role and/or your plan does not have this feature. If you wish to get access to the feature, please review the available plans for and upgrade accordingly or contact the Administrator of your account. Changes in monthly user fees may apply.