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Statements - Set up Vendor Statement Cycle Date

Update vendor settings to set a statement billing cycle to be offset from a calendar month. I have multiple vendors that cycle bills prior to calendar month end, and that impacts the month the bill is due. Xero's automatic due date will populate an incorrect due date if a bill falls between the statement cycle date and the calendar month end.

For example, I have a vendor where my statement ends on the 25th of the month, and the bill due date is the 25th of the month following the statement cycle date. So a an invoice dated 3/24/2026 will be due 4/25/2026, but an invoice dated 3/26/2026 will be due 5/25/2026. I have to pay close attention to (and manually change) the due date of any invoice that falls between the 25th and 31st of the month.