With this update you will now have greater flexibility when selecting your invoice due dates.
Previously, configuring an invoice to be due on a specific day of the following month was not possible, and only “20th of the following month” was available. This limitation has been removed, and another option for “Days after the end of the invoice month” has been added allowing for longer payment terms (ie: 60 days).
We now offer four different configuration options:
Days after end of invoice
Days after the end of the invoice month
Day of the following month
Last day of the current month
These new settings work seamlessly with all currently available CartonCloud accounting connectors and can be found within the customer settings under the invoice tab.
For more information on Due Days, along with various use examples see our Knowledge Base article: here
This week we're rolling out a new feature that lets you provide partial discounts for late-arriving stock in the first month, with a new option called Split Month Billing.
In North America it is common to charge storage on a monthly basis, however, as a month is a long time, it is also common to offer discounted storage charges for stock that arrives late in the month.
For example, a pallet which arrives on June 5th may be charged a full storage rate for the month, however a pallet arriving on June 25th would be charged a discounted rate due to arriving near the end of the month.
With our new Split Month Discount feature, you will have the ability to configure whether you want to allow such discounting to be applied, when in the month the discount should commence, and how much discount should be applied. Where you are billing on a monthly basis, this allows you to be much more competitive with the prices offered to potential customers.
If you have your Storage Charge Period Generation set to Monthly you'll now see options to:
Enable a Split Month Discount
Specify the day of the month that the split should occur (i.e., the day on which the stock begins being considered “late”)
When to apply the discount
Currently, this is only possible for the First Month, but we are actively working on a similar option for when stock leaves early in the last month.
and the discount percentage.
This setting is available for