Accounting Ideas

Net month account payment terms.

e.g. Payment is due at the end of the month following the month of the invoice. This is a common payment term and was available in Sage 50 account.

  • Guest
  • Aug 30 2020
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  • Guest commented
    6 May 02:41pm

    I am also facing the same issues as the people that have commented below. I feel this is a huge floor and my statements to my customers a never accurate to what they owe.

  • Guest commented
    24 Feb 09:38am

    We have just started using Sage Business Cloud Accounting and we have always had our terms as Net Monthly, so payment due at the end of the month following the date on the invoice. This is not available as an option and like the person below, our statements are not accurate and we feel this looks unprofessional too.

  • Guest commented
    14 Oct, 2020 03:22pm

    I have just started using Sage Accounting Standard and noticed that you can only set customers payment terms to number of days from invoice date but all our customers are either 30 days EOM or 60 therefore I am unable to send accurate statements to our customers and if I do the information is incorrect and looks very unprofessional on our part.