The Calculate Due Date by Vendor control parameter is designed to improve accuracy when managing invoice due dates in MYOB AccountRight.
When Enabled: Ocerra automatically applies the supplier’s payment terms from MYOB to calculate the invoice due date.
When Disabled: The the default setting extracts the due date directly from the invoice. If no due date is provided, it calculates based on the invoice payment terms.
How It Works
You can find this setting in General Settings under the name Calculate due date by vendor.
When enabled for MYOB AccountRight, Ocerra uses each supplier’s payment terms to automatically calculate the due date on new invoices.
Important Notes
This setting only applies to new invoices created after enabling it.
For existing invoices, simply open the invoice and click Save — Ocerra will recalculate the due date based on the supplier’s terms.
This feature helps ensure your invoice due dates stay aligned with supplier terms.