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Documentation > MAC-PAC Reference and Help > Glossary > Net End Of Month

Net End Of Month

 

You may specify whether the payment due date is calculated from the end of the current month or the beginning of the current month.  Valid values are: 

Y - Calculate due date from end of current month.  

N - Calculate due date from beginning of current month.  

This field must be N if installments are defined for the credit term.