Example: Invoice Date

If the invoice date is between the 1stand 15th, set up a payment term that uses a fixed date of the 10thin the following month. Otherwise, add two days to the invoice date if it is between the 16thand 31st.

Specify a date range for 1–15 that adds 1 month and has fixed days of 10.

The system calculates the due date to be the 10thof the following month for all transactions that have an invoice date between the 1stand the 15th.

Specify a separate date range for each date after the 15th:

From Day	To Day	Days to Add
16	16	2
17	17	2
18	18	2
19	19	2
20	20	2

Continue adding a range for each single day that adds two days through the 31st.

Note: Do not set up a second range for 16–31 that adds two days. This is a common mistake. In this case, the system would calculate the due date on the 2nd of the following month because it adds two days to the last day specified in the date range, which could be the 28th, 29th, 30th or 31st, depending on the month and year.