Example: GL Date

If the GL date is between the 1st and the 10th, set up a payment term that adds one month and five days to the GL date. If the date is between the 11thand the 20th, add one month to the GL date. If the date is between the 21st and the 31st, add one month and use a fixed date of the 31st.

Specify a separate date range for each day between the 1st and the 10th:

From Day	To Day	Days to Add	Months to Add
1	1	5	1
2	2	5	1
3	3	5	1
4	4	5	1
5	5	5	1

Continue adding a range for each single day that adds one month and five days through the 10th.

Note: Do not set up a range from 1–10 that adds one month and five days. This is a common mistake. In this case, the system would calculate the due date to be on the 15th of the next month for all transactions with a GL date between the 1st and the 10th because it uses the last day of the range (10) and adds one month and five days to it.

Specify a date range for each day between the 11th and the 20th:

From Day	To Day	Days to Add	Months to Add
11	11	0	1
12	12	0	1
13	13	0	1
14	14	0	1
15	15	0	1

Continue adding a range for each single day that adds one month through the 20th.

Specify a date range between the 21st and 31st that adds one month and has fixed days of 31.

From Day	To Day	Days to Add	Months to Add	Fixed Days
21	31	0	1	31

You do not need to specify a separate range for each date because the due date is fixed.