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userhelen1
Level 1

How to create customer's payment term '30 days from statement' in Quickbooks online (term means if an invoice issued in any date in Jan, due date would be end of Feb).

 
3 Comments
MaryLurleenM
Moderator

How to create customer's payment term '30 days from statement' in Quickbooks online (term means if an invoice issued in any date in Jan, due date would be end of Feb).

I got you, userhelen1.

 

Setting the payment term will only take a few steps, and you have two options to do it,

 

First, you can set it up as a default term. Here's how:

  1. Click the Gear icon.
  2. Select Account and settings.
  3. Click Sales on the left pane.
  4. Click the edit icon for Sales form content.
  5. Select Net 30 for Preferred invoice terms.
  6. Click Save, then Done

The other option is to set payment terms for particular invoices. This only applies changes to this specific invoice.

 

 

That should do it! I'll be right here if you have other questions. 

 

userhelen1
Level 1

How to create customer's payment term '30 days from statement' in Quickbooks online (term means if an invoice issued in any date in Jan, due date would be end of Feb).

Dear

Thanks for the reply!

However I need term '30 days from statement', not '30 days net'. The difference is: for '30 days from statement', all invoices in January will be due end of February, but '30 days net' just add 30 days on each invoice date.

It seems Quickbook doesn't have this option?

JamesDuanT
Moderator

How to create customer's payment term '30 days from statement' in Quickbooks online (term means if an invoice issued in any date in Jan, due date would be end of Feb).

Thanks for getting back to us and providing additional details about your concern, userhelen1.

 

The steps provided by MaryLurleenM help you set a default invoice term when creating an invoice. You will no longer need to change the term every time you create an invoice, unless you want to use a different term for a specific invoice.

 

I'll show you how to create a term that dues on every 30th of the month. Here's how:

  1. Click the Gear icon in the upper-right corner and select All lists.
  2. In the Lists page, select Terms.
  3.  Click the New button and enter the Name.
  4. Select Due by certain day of the month radio button.
  5. Enter the 30 in the day of month box.
  6. Click Save.
  7. Follow the steps provided by MaryLurleenM to set the new term as default.

After managing the invoice terms, you can already create an invoice that will due on the 30th of the month.

 

If you want the invoice to due on the 30th of the following month, you'll have to enter the Due date on the Invoice manually.

 

Those are our suggested options based on the details you've provided. Your idea about the invoice terms is interesting and we'll let our Product Development Team know about it. They might put it into consideration for product updates.

 

Feel free to get back to us if you need anything else. Have a great day!