You wait about a week, and you receive your shoes and jacket. A few days later, you receive the invoice from this company. On this invoice, you see the amount that is due and several other key terms.Let's take a look at the important terms you need to understand.Important: The values for Previous Date and Next Date that appear on the Recurring Transaction List and on reports are based on the transaction date, not the date when the transactions were created.We also have a Reminder type of recurring template that you can schedule.If paid early, the company gives a two percent discount! The customer gets a discount and the company gets paid.Two percent of a discount won't hurt the company's pocketbook that much, either.
You look at your invoice and see that the due date on this invoice is located at the top right of the invoice. The ones you've seen, though, usually have a date such as November 8 or some other date plus the current year or the next, if we're in December. It has some strange numbers that don't correspond to dates and some letters that you've never seen.
However, please note that the transaction will still be created on its regular schedule after that, so please make sure to either edit the schedule or delete the duplicate transaction when it occurs.
You can utilize the Use feature anytime you need to manually create that transaction when it is not scheduled to be created.
If you're wondering about the timing of recurring transactions created through a template, we'll explain it here.
Click the issue you'd like to know about: Days in advance to create: Start dates of transactions and how they work: How to use an existing recurring template before the scheduled date: Days in advance to create: We have a Days in advance to create option on scheduled recurring templates.
You can print invoices or send reminders related to the transactions once they are created.