Prox Code

If you have selected the Advanced Terms check box, enter the appropriate prox code. During the calculation of the due date, the prox code adjusts the date before the due days are added.

This default value for this field is 0 if the Advanced Terms check box is selected. Valid entries are:

• 0 - The system does no additional calculation.
• 1 - The system checks to see if the due date is prior to the 25^th of the month. If it is not, the date is moved up to the first of the next month.
• 2 - The system sets the due date to the end of the month.
• 3 - The system performs the calculation for prox code 1, and then, using this result as the starting point, performs the calculation for Prox Code 2.

If the Advanced Terms check box is not selected, the default value is 99 and you cannot update this field.