Managing Invoice Due Dates
When invoicing with TransMaS, we automatically set a 30 day from date of invoice as the due date on all invoices.
Your account will have a default set for all accounts, but this can be overridden on a per customer basis as you require. This cannot be retrospectively applied. Once an invoice is generated, the due date is fixed.
See more about: Invoicing Process
Examples
Some of the common due dates are shown below
| Default Date | In the date field | In the date type select |
|---|---|---|
| 30 days from date of invoice | 30 | days after invoice date |
| net 30 EOM (days from end of current month) | 30 | days after invoice month |
| End of the month | 0 | days after invoice month |
| End of the following month | 31 | of the following month (when a month has less than 31 days the last day of the month will be used) |
Set Due date company wide
By default, all TransMaS accounts have a 30 day from date of invoice payment term set unless we are instructed otherwise. If you require a different default company wide please email us at support@transmas.net to have this changed.
Set Due date on a customer
Follow these steps to set up a default due date for an individual customer account. TransMaS will then calculate using this each time you create an invoice.
- Navigate to Settings in the main menu
- Select Customers
- Locate the customer you would like to change, and click on the view icon
- Select the Invoicing tab on the left
- At the top right enter your Payment Terms
- Click Update
Tip: To set a company due date back to defaults, clear the payment terms number, and select Default for the type