Our AR team is requesting a new term of payment to be created based on this description: Invoices dated 1st-15th should have a due date of the 30th of the current month; Invoices dated 16th-31st should have a due date of the 5th of the following month;

So I'm banging my head against the wall to figure this out, I've tried several different combinations, but nothing seems to be working correctly. Anyone have an idea?
Thanks,
-Tim

hi,

have you tried creating a payment terms (tcmcs0513m000) with 15 days payment period and due date calculation is end of fifteen days, then attached this payment term to your bp master data. for every invoices you will create in tfgld1101m000 transactions system will automatically compute 15 days displayed on due date field in the session but this date can be modified as 30th and 5th of the month if document date is not on the exact numbering based on 15days payment term.

if the above term not fits for you, you may try using fixed payment days, in your case you may used 5 and 30 of the month setup on same payment term session.

regards,
jojo