Manage Customers and Income

Hello, RDyman.

Glad to you have in this thread. I'd be happy to elaborate on what you can do with the invoice payment terms in QuickBooks Online. 

As what my colleagues had suggested, QuickBooks offers two types of payment terms at this time (Due in fixed number of days and Due by certain day of the month).

The option to set the terms to have the due on the last day of the next month (after the invoice is issued at any day of the current month) is currently unavailable. Though, this might be added in the future updates. 

For now, you can have two options to correct your invoice payment terms. 

The first option is to manually set the Due date when you create an invoice. 

The second one is to use the Due the next month if issued within box under the Due by certain day of the month option when creating your terms. Though, you might still need to tweak this or create multiple terms if needed. 

I'd also suggest sending feedback to our developers, so they'll consider adding this option. Simply go to the Gear icon, then select Feedback. 

If you need help recording your invoice payments, feel free to use this article as a reference: Record invoice payments in QuickBooks Online.

Also need to take care of your reconciliation? We have an article to help you with the process: Reconcile an account in QuickBooks Online.

I'm open to answer any other questions you might have for your invoices or any other functions in QuickBooks Online. Just reply here and I'll get back to you as soon as possible.