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Prompt Payment Discount
To take up a supplier’s prompt payment discount, the Creditor’s account must be set up with a percentage discount. To do this, go to the Details 2 tab of the Creditor Account screen and enter a value in the Prompt payment discount field:
Calculating Discounts on Multiple Invoices
In Payment Processor, click the Calc
Disc button ( 
).
Discount will be calculated on invoices where:
-
Creditors accounts where To Pay is set to "Yes".
-
The prompt payment discount has been set-up for the creditor
-
The creditor’s invoices have been released.
-
The Due Date of the creditor’s invoice is less than or equal to the Payment Date on the main Payment Processor screen.
A new transaction is generated to represent the discount taken.
Calculating the Discount on a Single Invoice
On the Transactions tab of the Creditors Payment Processor, right-click on a released invoice and select Apply Discount. A new transaction is generated to represent the discount taken.
