How to Modify Payment Terms

How might I go about changing the payment terms or creating a payment terms code so that the money is taken on the 15th of every month?

http://msdn.microsoft.com/en-us/library/dd301476.aspx

Hi,

You need to create payment terms as 15 D in payment terms and need to attach to customer master .

So during transactions it will automatically calculate due date

According to the link 15D would be in 15 days and D15 would be be every 15th day of a month.

Does that mean either 15D with a customer master attached or D15 or would solve my problem?

D15 pleaseā€¦

Well looks like it works so verified :slight_smile: