Lock Date Invoice For Free

To set a new lock to dates, go to Invoicing / Adviser / Actions / Update accounting lock to dates. A user without an Adviser group will not be able to post or update posted journal entries on the date "Lock To Date for Non-Advisers" or after.

Once printed, the invoice can only be cancelled as the invoice is now a legal document. You then create a new one with correct date. The new invoice / credit note will have a new number.

Tax Return Lock Date: This prevents modifications to Tax Returns prior to the defined date (Journal Enties involving taxes). The Tax Return Lock Date is automatically set when the corresponding Journal Entry is posted.

Lock Date for All Users The date set on this field locks out all users from previous periods. This should be set once the books are completely closed for a given period. No user will be permitted to post an entry prior to the date set here.

To be more clear, state: '30 days from date of invoice issue'. State the due date in full. This means day, month and year. Simply putting the month or the day leaves your due date open to unwelcome interpretation.

All Users Lock Date: The date after which no journal entries may be created or modified by any user. No accounting operations will be allowed after this date.

Invoices must always include the invoice date as well as the due date. Setting a due date encourages the client to pay you within a certain time frame. The general rule is 30 days from the invoice date. However, you can discuss this with your customer and either make it shorter or longer than 30 days.

What is a lock date in Xero? If you have the Adviser user role, you can set a lock date to stop changes being made to transactions during a past period. After you've set a lock date, users can't add or edit transactions in Xero if the transaction date is earlier than the lock date.