Invoice due dates are automatically generated based on the invoice terms you set in Invoice Settings.
- Due on receipt - the invoice date and the due date are the same.
- Net 15 - the due date is 15 days after the invoice date.
- Net 30 - the due date is 30 days after the invoice date.
- Net 45 - the due date is 45 days after the invoice date.
- Net 60 - the due date is 60 days after the invoice date.
The due date lets your customers know when payment is expected and when the invoice is considered past due. The default setting in your account is due on receipt so, if you normally give customers more time to pay, it is important to update the terms as quickly as possible to ensure accurate reporting and after due date reminders..
Any time you change the invoice terms in settings, the new terms only apply to future invoices created after the change. Existing invoices will not be updated with the new terms.