Invoice terms Net 30 EOM are incorrectly adding an extra 30 days when billed on the last day of each month 29 Jun 26 - due 30 Jul 26 30 Jun 26 – due 30 Aug 26 30 Jul 26 – due 30 Aug 26 31 Jul 26 - due 30 Sep 26

AI generated answer (using internal Slack threads):

Based on the conversations, it seems that the issue you're experiencing with the NetSuite invoice terms "Net 30 EOM" adding an extra 30 days when billed on the last day of each month is likely due to how NetSuite calculates the due date. NetSuite does not include the current day when invoicing. For example, if you invoice on July 9th, the billing period ends on July 8th, not July 9th. This is because transactions could still be posted later on the same day, and if invoiced right now, the rest of the transactions for the day would either not be invoiced at all or would be duplicated. When setting up EOM (End of Month) payment terms, there might be some limitations if you select "31" as the number of days. A common setup is using 30 days for both "days of month net due" and "due next month if within days". However, this setup might not behave as expected for months like February. In the case of a 30-day EOM term, if an invoice is created in January, the due date is February 28th, not March 2nd. This is because February typically has 28 days, and NetSuite calculates the due date based on the number of days in the current month, not the next month. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******