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Thank you for getting back, @user32906.
Yes, a monthly invoice will be created 30 days in advance once you've set the Create days in advance to 30. An example is, if your starting date is May 01, 2021, then the invoice will be created on April 1, 2021, or 30 days in advance. If you want to adjust the terms, you can set it up under the Terms field.
I've added this screenshot for your visual reference.
For more tips about recurring transactions and invoice payment terms, you can open these articles:
- Send invoice reminders automatically or manually in QuickBooks Online
- How to Adjust Invoice Payment Terms in QuickBooks Online
If you have any follow-up questions, please let me know by adding a comment below. I'm more than happy to help. Keep safe!