value date in 2011

[former_member377478]

Hello experts,

please, could you give me an advice how to issue the invoice in which a client has got payment in e.g. 60 days, so DUE DATE is 01.01.2011. In this case I can´t add the invoice.

Thank you,

jonmar7

[Former Member]

Hi,

Once you do what Istvan indicated, you will want to consider the following when creating the next fiscal year.

When creating a new fiscal year period, update the Due Date "To" value to take into consideration the payment terms you have set up. Ex.: year-end is December 31 and you have Net60, Due Date To = Feb.28

Otherwise, you will run into this message towards the end of each fiscal year.

HTH,

Heather

[former_member204969]

You should set the due date of the actual posting period to allow a next year date.

Set it under Administration / System Initialization / Posting periods, clicking on the yellow arrow in the Period Code column the data of the selected period will open.