Allow the ability to add terms based on date versus number of days

Several vendors require than an invoice be paid by a certain DATE versus a number of days. Examples are: health/life insurance, credit card statements, cell and telephone bills. These types of vendors do not typically fall within a set number of days versus having items due on a set date. FE should be able to facilitate this option as most companies do have this as a needed requirement.
  • Guest
  • May 2 2016
  • Future consideration
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  • Pam Cardec commented
    December 05, 2023 21:14

    This is especially needed with utilizing expense management as it won't allow input of an invoice date. We have several vendors who set their terms due on a specific day of the month following the invoice date.

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  • Chris Guin commented
    December 27, 2017 21:12
    I agree with 88 people before me that this is needed.  It seems odd to me that on the A/R module, we have the option to allow our invoices to go out with terms that way, but FE's A/P module won't allow us to enter a vendor's terms that way.  The more "calculations" the A/P staff does, the more likely things will be entered incorrectly (which is currently the case). If the option for terms were available for this, there would be less user error.
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  • jennifer johnson commented
    April 07, 2017 14:20

    This is definitely needed and would reduce the number of checks that we have to void because an invoice got missed that is on the vendor statement.  We have many vendors that have a due date for the 10th of the month.

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  • +78

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