Module Description

This module allows you to exclude specific periods from the due date calculation for certain payment methods in both the sales and purchase cycles.

Setup

Payment Methods – Exclusion Days Setup

It is possible to manage payment exclusion days based on the payment method used by using the “Exclusion days” button in Payment method list:

This functionality allows the user to prevent due dates from falling on specific days (e.g., weekends, public holidays, or non-working days for banking operations).

Fill in the fields as follows:

• From date: start date of the payment exclusion period.
• To date: end date of the payment exclusion period.
• Due date calculation: period that will be added for the calculation of the new due date, starting from the date indicated in the "from date" field, clearly only for due date that fall in the period included between from date...to date
• Customer/Vendor: Specify whether the exclusion applies to customers or vendor

The payment is postponed outside the excluded dates.

Functionality

Payment due date calculation

The calculation is the following:

“Calculation of the due date (standard calculation due to payment conditions)

+ exclusion period

+ due date calculation (insert on the payment exclusion line) ”

On the purchase/sales order or invoice, if the payment condition and payment method are filled in correctly, upon release it is possible to verify the payment due date through the “Payments” action.