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Level 2

Payment Terms

Is it possible to set up a payment term for customers who pay 30 days from statement date (which would be month end)?

If so. please explain how. I have tried all sorts of ways and cannot get it to work correctly.

Surely this is a standard practice

2 Comments 2
QuickBooks Team

Payment Terms

You only have two options on how to set up payment terms in QuickBooks, DM


Also, you can only set up terms to invoices, not on statements. If you want to have a payment due within a specific number of days, you can use the Standard term. On the other hand, choose Date Driven if you want to use the day of the month.

Here's how you can add a new payment term: 

  1. From the Lists menu, choose Customer & Vendor Profile Lists.
  2. Select Terms List
  3. In the Terms List window click the Terms drop down-arrow and then click New
  4. From there you can choose between Standard and Date Driven terms.
  5. Then, click OK.

You also check this article for more details about payment terms


I'm always around to help you with your questions. Have a good one!

Travcam Trading
Level 1

Payment Terms


did you ever get the right answer because i got the same problem

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