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Microsoft Dynamics AX (Archived)

Terms of Payment - Net End of Month

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Posted on by 1,763

I am working on setting up a ton of Terms of Payment and have gotten through all BUT one.

How do I set up one with "Net End of Month". I had a suggestion to set one up with Payment date as the 30th...but that is THE exact answer and not sure what AX will do in February.

How do I set up a Terms of Payment so that it always picks the last day of the month...regardless of month?

(i.e. - February 28th or 29th, July 31st, November 30th, etc.)

I am sure that someone knows this one and would definitely appreciate your insight.
Thanks,

Michael

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  • Community Member Profile Picture
    on at
    RE: Terms of Payment - Net End of Month

    SO, if we wanted "End of the Following Month"

    I have set up a net 1 month, with a "Payment Date" of 31.

    would this work or am I missing the obvious?

    Thanks in advance.

  • MichaelC Profile Picture
    1,763 on at
    RE: Terms of Payment - Net End of Month

    Thanks so much. I really appreciate it!

  • Verified answer
    Community Member Profile Picture
    on at
    RE: Terms of Payment - Net End of Month

    Hi Michael,

    Yes, if the "Current month" is selected then the due date by default is used as the last date of the month. The below code is used to get the date :

    Hope this helps.

    Thanks,

    Priyanka Agarwal

  • MichaelC Profile Picture
    1,763 on at
    RE: Terms of Payment - Net End of Month

    Thanks for the rapid response Andre.

    I can definitely select "Current Month"...but how do I designate that it will based date used on the "last" day of the month?

    Are you indicating that by doing simply "Current Month"...that the default functionality will be to use ...the last day?

    I looked at TechNet and the Help area...but neither indicate specifically as to how the "Payment Method" functions - explicitly.

  • Suggested answer
    André Arnaud de Calavon Profile Picture
    297,320 Super User 2025 Season 2 on at
    RE: Terms of Payment - Net End of Month

    Hi Michael,

    I tought this was possible to select the Payment mehtod 'Current month' on the Terms of Payment.

    Have you tried this option?

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