invoice terms
Posted: 31 Jul 2006, 17:45
i would like to change the terms and settlement date of customers. can this be done after an initail payment has been made?
No but yes..
You can change the terms text on printed invoices etc by altering the text on the customer record.
The date the invoice is due is calculated using the due days when it is posted. Changing the due days after posting will not alter the due dates of invoices already posted but will be applied to any new invoices posted.
I have not checked, it but I expect that settlement discount cut off dates work the same way.
To change the due date you would have to reverse with a credit note and repost the invoice having set the due and/or settlement days as required.
I expect you could use the customised import-export add on to re-date existing transactions but unless this was a regular requirement or a large amount of data, the cost would probably get in the way.