> For the complete documentation index, see [llms.txt](https://kb.logicerp.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://kb.logicerp.com/logic-erp-learning-hub-tutorials-and-best-practices/accounts/configuration/journal-voucher-configuration/create-due-date-from-payment.md).
# Create Due Date From Payment
**YouTube:** [How to Calculate Due Date Based on Payment Terms in Journal Vouchers?](https://youtu.be/iPXErIkBGdw)
## How to Calculate Due Date Based on Payment Terms in Journal Vouchers?
In this tutorial, we will learn how to automatically generate the Due Date during Journal Voucher entry using the **Create Due Date from Payment** option in Logic ERP. This feature automatically calculates and populates the Due Date based on the Payment Terms or Credit Days defined in the Account Master.
***
### Objective of This Feature
* Automatically generate Due Dates during Journal Voucher entry.
* Reduce manual Due Date calculations.
* Ensure consistency with defined Payment Terms.
* Improve receivable and payable tracking.
* Minimize data entry errors.
***
### Access to Journal Voucher Configuration
* Go to the **Menu Bar**
* Open **Journal Voucher Configuration** from the **Configuration Menu**
* Select the required Journal Voucher Configuration.
* Navigate to the **Other Options** section.
* Locate and enable the option labeled as:
> **"Create Due Date from Payment"**
* Save the configuration.
***
### How This Feature Works
When enabled, the software automatically calculates the Due Date using the Payment Terms or Credit Days defined in the selected Party Account.
***
### Create a New Journal Voucher
**Action**
* Open the **Journal Voucher Entry** window.
* Initiate a **New Journal Voucher** entry.
* Select the required Party Account.
**Result**
As soon as the Party Account is selected:
* The software automatically calculates the Due Date.
* The Due Date is populated based on the Payment Terms defined for that account.
No manual Due Date entry is required.
***
### Review Payment Terms in Account Master
* To understand how the Due Date is calculated, let's review where the Payment Terms are defined.
**Navigation Path**
* Press **F2** to open the **Account Master Setup** window.
* Search and select the required Account.
* Click **Other Details**.
* In the next window, click **Other Details** again.
**Payment Terms Configuration**
* Here you will find the **Payment Terms** option
* This section contains:
* No of Days
* Discount
* Interest
**Example**
* If the Payment Terms specify:
* No of Days: **15 Days**
* And the Voucher Date is:
* **08-June-2026**
* The software automatically generates:
* **Due Date: 23-June-2026**
***
### Key Benefits
* Eliminates manual Due Date calculation.
* Ensures consistency across transactions.
* Improves payment tracking and follow-up.
* Reduces data entry effort.
* Enhances receivable and payable management.
***
### Best Practice Tips
* Maintain accurate Payment Terms in the Account Master.
* Review Credit Days periodically for customers and vendors.
* Verify Due Dates before saving important transactions.
* Use standardized Payment Terms across similar account categories.
***
### Final Outcome
When the **Create Due Date from Payment** option is enabled, Logic ERP automatically generates the Due Date during Journal Voucher entry based on the Payment Terms or Credit Days defined in the Account Master. This ensures accurate due date management, reduces manual effort, and improves overall accounting efficiency.
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