EOM+1 Payment term not calculating correctly on last day of the month

(0) Share

Report

Posted on by RLH

Hi, we are using Dynamic GP 10. On the 1st of the month we import all our invoices done on the previous day (30/04/2013), the invoice date is 30/04/2013 but GP is calculating the due date as 30/06/2013 when it should be 31/05/2013 as it was invoiced in April.

Invoices imported any other time of the month are fine, it is just the last day of the month that it doesn't do as expected.

The payment term is set to EOM+1.

Thanks

Andrew

*This post is locked for comments

I have the same question (0)

All responses (3)

Answers (0)

L Vail 65,271 on at

Like (0)

Report

How do you get the +1? Are you using a grace period? My payment terms just has EOM,

Was this reply helpful? Yes No
RLH 50 on at

Like (0)

Report

Hi, please see below for our payment terms setup screen, we have a choice of EOM or EOM + 1

Was this reply helpful? Yes No
L Vail 65,271 on at

Like (0)

Report

Hmm, do you have a third party product? My Payment Terms setup looks like this:

Kind regards,

Leslie

Was this reply helpful? Yes No