Discount Date is Incorrect

Problem

Not calculating discount date correctly in the Pay Bills command, in Goldenseal small business accounting software.
Not calculating finance charge date correctly.

Diagnosis

Version 1.05 and earlier of Goldenseal job cost accounting software cut the discount off one day early.
For vendor terms, check the mailing time- the discount and penalty will start that many days BEFORE the calculated date.
For other terms, check the grace period- the discount and penalty will start that many days AFTER the calculated date.

Solution

Change the mailing time or grace period, or accept the current behavior.

This problem has been fixed in 1.06 and later of Goldenseal accounting software.

Comments

Entered 7/10/01 by Dennis. Updated 11/6/2010.