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Under the search option for Payment Terms, there are different options.

Oct 03, 2017 at 08:22 PM

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Former Member

Under the search option for Payment Terms, there are different options.

Is there any scenario where it makes sense to pay at a later date. In the case of rental payment, would it be advantageous to pay at a later date?

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Tammy Powlas
Oct 03, 2017 at 08:49 PM
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From a finance perspective, assuming you are investing your excess cash, it may be advantageous to pay as late as possible so you are earning interest on cash - this is something you should learn in your Finance course, not necessarily Accounting

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