This field displays the vendor's invoice discount code. You can enter a maximum of 20 characters, both numbers and letters.
When you set up a new vendor card, the program automatically enters in this field the number you have entered in the No. field.
You then have 2 possibilities in this field:
If each vendor gives a different invoice discount, don't change the contents of this field. Then you must set up terms for the invoice discount code in the Vendor Invoice Disc. table, which you can see by clicking the Purchases button on the vendor card and choosing Invoice Discounts.
If several vendors give the same invoice discount, you can replace the default code with another one. Then you must set up terms for the invoice discount for the new code in the Vendor Invoice Disc. table. Finally, you must enter the new code in the Invoice Disc. Code field for each vendor who gives the same invoice discount.
Use codes that are easy to remember and describe the invoice discount terms:
20000 (that is, your company must purchase at least 20,000 LCY worth of merchandise before the invoice discount is granted)