It's great having you here today, ClaireRTF. I'd gladly help you enter payment terms in your QuickBooks account.

You can set your payment terms to the Date Driven method in QuickBooks Desktop. This way, it would allow you to enter the day of the month that payment is required within the invoice due date. To do that:

1. Go to Lists from the menu bar and select Customer & Vendor Profile Lists.
2. Select Terms.
3. On the Terms dropdown, click New.
4. Enter the name for the payment term and select Date Driven.
5. Modify and enter necessary dates and discount percentages.
6. Once done, click OK.

For additional tips and detailed information, please visit this article: Set up payment terms.

I've also added this reference to guide you in receiving customer payments: Record invoice payment.

Let us know in the comments below if you have additional questions or other QuickBooks concerns. We'll be around to help you at any time. Take care!

This answer helped me find the terms list. But, there is no option to input the invoice as due the following month. Quick books only allows you to have the invoice due on a day of the same moth as invoiced. I need it to be set to be due on the 15th day of the following month. 

Thanks for getting back to this thread, @ClaireRTF.

The steps that were shared by colleague FateCandylaneT are exactly what you need to follow. The Date Driven feature allows you to set up terms on the day of the 15th of the month and not 25 days after the invoice date.

You can check out the screenshot below as your reference:

If the terms still don't apply to your invoices, I'd suggest running some troubleshooting steps. There might be an issue with your company file that's causing the Date Driven terms to be applied on a day of the same month as invoiced.

Let's start by updating the product to its latest release, doing this will help fix some minor issues within the program and make sure you'll have the latest features and product improvements.

Here's how:

1. Go to Help and select Update QuickBooks Desktop.
2. Click Update Now, then select Get Updates.
3. When the update finishes, close and reopen QuickBooks.
4. When asked to install the update, click Yes.
5. When the install finishes, follow the on-screen instructions.

If you're still getting the same results, let's run the Verify and Rebuild Data tools. The verify tool finds the most common issues in a company file and the rebuild tool fixes them.

You can also bookmark the Setup payment terms article for future reference. It provides an overview of when to use the Standard and Date Driven method.

Keep me posted if you have any other concerns or questions. I’ll be right here to answer them for you. Enjoy the rest of the day.