This update allows for greater alignment between CartonCloud and your accounting connectors billing due dates, enabling a seamless invoicing process. With this update you will now have greater flexibility when selecting your billing invoice due dates, with four different configuration options that cater for a range of different billing terms and business requirements. When configuring your customer’s accounting connector from the customer settings you will notice four different due day .
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 due day options will allow for more flexible and customisable contractual terms between you and your customers. For example, if a customer has been extended 60 day end of month terms, the customer would be configured as 60 days after the end of the invoice month. If the invoice was raised on 2023-01-20 the due date would be 2023-04-01.
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With greater correlation between CartonCloud and the accounting connectors billing due dates, reporting and data sharing will be made easier.
These new billing due day setting options are applicable for new settings work seamlessly with all currently available CartonCloud accounting connectors and can be found within the customer settings under the invoice tab.
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For more information on Due Days, along with various use examples see our Knowledge Base article: here