# Release 1.19.0 (11/05/2023)

### Improvements

#### Change to Due Date Definition

Due dates and how they are used to calculate where transactions slot into settlement cycles have been amended to better meet the requirements of our users. 

Historically, the concept of ‘Due date’ has always been the date on which cleared funds are available in the Sellers bank account. However, for sellers using the extended Seller TRA file format and future due dates, their definition of Due date tends to be the date on which the funds are collected from the Buyers bank account - which is 'Collection Date'.\
\
To accommodate this amended approach, **The 'Collection Date' will always be on or after the invoice due date specified, never before** (instead of the current logic where the cleared funds date of the disbursement will always be on or after the invoice Due date specified. 

For example, If a settlement cycle has a weekly 'collection date' throughout June of every Friday which therefore includes 2nd, 9th, 16th, 23rd and 30th June 2023 and I upload a file at the end of May with a 'due date' of 19th June 2023, then the collection date caluclated and applied will be 23rd June 2023.  This is because the 23rd is the closest date that takes place after the specified 'Due Date' of 19th June 2023. 


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