Payment terms with a fixed due date

Debbie Podjaski
Debbie Podjaski
Name Dropper Facilitator 1 2024 Season of Giving September 2024 Monthly Challenge
in Blackbaud Financial Edge NXT® General Discussions

Is there a way to set up a payment term code with a fixed due date. For example, if a bill is due the first of every month, but the billing date changes, is there a way to put a terms code in for Net due 1st of month?

Comments

  • JoAnne Thielen
    JoAnne Thielen
    Third Anniversary Kudos 2 Name Dropper Participant

    @Debbie Podjaski I have had the same request for years, but I have always been told there is no way to set up terms. The terms have to be manually typed in when entering the invoice. I have several vendors whose terms are net 10th of the following month, or 2%10th, net 30. It is a pain that FE can't accommodate these terms!

  • Debbie Podjaski
    Debbie Podjaski
    Name Dropper Facilitator 1 2024 Season of Giving September 2024 Monthly Challenge

    @JoAnne Thielen I agree. Hopefully if enough of us request this, it will be put into product development.

  • Marie Broek
    Marie Broek Blackbaud Employee
    Sixth Anniversary Kudos 1 Name Dropper Participant

    @Debbie Podjaski This is an idea in the Idea Bank that has been tagged for future consideration. Feel free to continue to vote for it.


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