Setting up a trade customer with 30 days or net monthly terms

If you give a customer some settlement terms then their statement produced via the Accounts Module will show a due date accordingly.  Two types of terms are supported.

1. A specific number of days from the invoice date. Simply enter this into the Settlement Days box on the customer record.
2. Net Monthly - ie the last day of the month following the date of invoice. EG an invoice date of 15/04/15 will give a due date of 31/05/2015. To use this enter NETMONTHLY in the Settlement Discount Schemes box.