For example, Net 30 means you have 30 days to pay the bill or 30 days of dating.
The key is to negotiate favorable terms with your suppliers that allow your dating to more closely align with your inventory turnover.
The usual request is on an order where the product is out of stock, and will not come into stock until after the end of the desired month.
We do that with the style and format of our responses.
I caught a few invoices that hadn't been entered for 2013 so created them with the date of service of October 12, 2013.
We are creating commission invoices for bookings, but they only become payable the day the booking happens.
So we can't send out an invoice for a booking 8 month before, the owner will not remember.
One would think that it's as simple as clicking on the date in the report to change it but when I get to the editing screen for the invoice, the 10/12/13 date appears, not the date the invoice was created.
Therefore, there is no way for me to update the invoice creation date that I can find. In your screenshot, you're showing the date the item was performed or sold as October 2013.
Unfortunately, for both offline and online buyers, this is not possible.
Our system is completely automated and the production of an invoice/receipt is generated when products are allocated and then shipped. Because of this, neither can we amend historical invoice details.
Another consideration on terms is the % discount you can receive for early payment.