How can I set up customer payment terms of 25 business days?

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Belinda_9488981
Belinda_9488981 Member Posts: 3 Novice Member Novice Member
in Accounts Hosted

Where I am located it is common for a contract in the construction industry between a builder and a subcontractor to state payment terms of 25 business days. This is the maximum allowed by the QBCC. Can this be set up in Accounts Hosted?

Answers

  • Kris_Williams
    Kris_Williams Member Posts: 4,015 Reckon Hall of Famer Reckon Hall of Famer

    Yes, go to Lists, Customer & Supplier Profile……. -Terms list. Down the bottom Terms - new

  • Belinda_9488981
    Belinda_9488981 Member Posts: 3 Novice Member Novice Member

    Thanks for your answer Kris. I am aware of how to set up new terms but specifically want to know if there is a way to set up terms of 25 BUSINESS days.

  • Kris_Williams
    Kris_Williams Member Posts: 4,015 Reckon Hall of Famer Reckon Hall of Famer

    oh I get it, sorry didn’t read properly. Wouldn’t 25 Business days be the same as 35 days? Otherwise I don’t know, sorry

  • Belinda_9488981
    Belinda_9488981 Member Posts: 3 Novice Member Novice Member

    Is it though with the different length months? Will give it a go. Thanks Kris.

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