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Can I set any number of days, or is it fixed intervals like 3, 6, or 12 months?

The default transaction days setting can be set to any value between 30 and 365. It applies system-wide to all requests under your account, but you can also override it on a per-request basis through the API. Note: the system uses whichever value is higher — if your default is 180 days but you pass 365 in the API request, 365 will be used.

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