Invoices - Payment Terms to include a "day(s) after the end of the bill week" option
It is far more common place and practical to set a give day of the week to send payment batches. I would assume that most businesses are not firing off payments every day of the week for every individual invoice (ie based on x number of days after invoice/bill date).
That being said, I also believe it is far less common to be offering or to be offered payment terms of old (ie x days after EOM).
It is and has been common place in our industry for more than 20 years, that suppliers provide payments terms of x days after End of Week (EOW).
The payment terms options provided in Xero do not facilitate this specific payment term type and therefore requires hacking an x number of days after bill date to get the calculated date close and then for every invoice, manually applying the correct due date.
It would be incredibly helpful to include an EOW payment option for payment terms for both Bills & Invoices.
Tim Stone
shared this idea
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jack son
commented
That option actually makes a lot of sense, especially for businesses that work on weekly cycles. I’ve dealt with similar setups where invoices feel confusing just because the payment clock starts on an odd date. Tying terms to the end of the billing week makes expectations clearer and cuts down on back-and-forth with clients. It’s similar to how we handle content schedules on a small health site I help manage having clean timeframes keeps things running smoothly. Clear systems save time no matter the industry. For anyone interested in how structured planning helps content teams stay consistent, this article explains it well https://bestwrites.com
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Wendy Chatley
commented
Why doesn't Xero listen to the users? Every other product has terms of EOM or EOW. Why is this so difficult.
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Fylar Sadagnot
commented
Any update?
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Trish Egert
commented
A lot of suppliers in the fresh food industry will ask for payment 'by next week' or by 'next Friday'. Having an option to select this would go a long way for many people who like to create batch payments (or ABA files)
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