Manual Invoices
The application always defaults to the current Financial Period. Manual invoices always calculate the due date from the “Posting Date”
The Posting Date however will vary depending on the following criteria:
Posting Date = Today’s Date (system date)
Today’s date will be displayed when the 1st un-invoiced ledger line begins with today’s date or a date “prior” to today’s date.
Posting Date = Future Date
A future date will be displayed when the 1st un-invoiced rent ledger line is for a date in the future. If today is 05/13/09 and the date displayed is 05/31/09. This means that the bill from date on the 1st un-invoiced ledger line is 05/31/09. This date should not be changed because this posting date assists with calculating the invoice due date.
Posting Date = Future Date
A future date will also be displayed when a Charge line, other than rent is for the current or previous date and the “from” date for the rent line is in the future. Example: Today is 05/13/09 and the date displayed is 06/02/09. The “from” date on the charge line is 05/10/09, however the first un-invoiced rent line contains a “from” date of 06/02/09.
Due Date
Defaults to the number of days saved in the “Invoices Due In” field; Settings / Market Setup
Invoices are grouped on the A/R Aging Report based on the Invoice Due Date. This date may be manually overwritten at the time the manual invoice is created.
Due Date Formula
Posting Date + number of days in settings field = Due Date