Setting invoice due dates

The invoice due date is based on the payment term set in BQE CORE at the global, client, or project level. You can set the payment terms in the following way:

1. Open Settings > Billing & Invoices > Accounts Receivable and set the Payment Term there. This setting applies to all your invoices for all the projects.
2. You can also set a late fee period after which an interest charge is applied to the outstanding invoice amount. If Calculation Basis is set to Due Date, late fees start after the payment term ends, plus any additional days specified in Charge Interest After.
3. If you want to set the payment term selectively at the client level, open the Clients screen and select a client on the grid.
4. In the detail view, go to the General > Billing Options tab and enter the Term.
5. If you want to set the payment term even more selectively at the project level, open the Projects screen and select a project on the grid.
6. In the detail view, go to the Settings > Billing Options tab and enter the Terms and Interest options.
7. Save your information.

CORE adds a notice of the due date on the invoice. For example, Net 30 term for an invoice dated today displays: “This invoice is due by January 1, 20xx". You can turn on the Due Date and Overdue columns in the Invoices screen (More > Show/Hide Columns) and sort by either column. You can also view the aging reports to find out about aged invoices.