Due Date

The Due Date field is a required field and will contain a date value identifying when payment for a particular item is due.

Vendor Invoice

When entering a Vendor Invoice, once the Vendor, Invoice Amount, Invoice Date, and Payment Terms have been specified, the Due Date, Discount Date and Discount Amount should be automatically populated  (based on the Payment Terms) as follows:

• Due Date - defaults to Invoice Date + Payment Terms Days (these are calendar days without regard for weekdays or weekends)
• Discount Date - defaults to Invoice Date + Payment Terms Discount Days
• Discount Amount - defaults to Invoice Amount * Payment Terms Discount %

Vendor Payment

On the Vendor Payment - Paid Documents screen, the Due Date from the Vendor Invoice will be displayed (on Vendor Invoice rows), otherwise, it will be blank (on Vendor Payment rows).

Customer Payment

On the Customer Payment - Paid Documents screen, the Due Date from the Customer Invoice will be displayed (on Customer Invoice rows), otherwise, it will be blank (on Customer Payment rows).