The Due Date setting is printed on statements and has no affect on Finance Charges or other calculations.
When running Statements and the Billing Period is changed, the Due Date is automatically changed as well. The time relationship between the Closing Date and the Due date is preserved. If the Closing Date and the Due Date was the last day of the month it is then set to the last day of the new month the next time Statements are run and the Billing Period is advanced.
Accounts Receivable Contents