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Welcome back, @317514.  

 

Yes, QuickBooks Online (QBO) allows you to set a "20th Following Month" term and update the due date automatically. Let me guide you on how to set it up and how it works.  

 

When you set a "20th Following Month" term, you'll want to enter 20 days in the Due the next month if issued within field as well. This way, the due date will automatically fall on the 20th of the following month. I'll attach a screenshot below for your visual reference.  

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Please also know that if you only enter the specific day in the Due by certain day of the month field, the term will only take effect when the invoice date is beyond the 20th of the month.   

 

I'm adding this article to learn more about adjusting invoice terms: How to Adjust Invoice Payment Terms in QuickBooks Online.

 

Should you need further assistance managing terms in QuickBooks Online, I'm available here to help any time! Have a good one, @317514