Discount Date Calculation Field

The Payment Terms Table

If the payment terms include a possible payment discount, you can enter a date formula for it here.

If you enter a date formula here, the program will automatically calculate a payment discount date when you create an invoice. The date indicates the deadline for receiving a payment discount.

You can enter a maximum of 20 characters, consisting of numbers and the letters, that the program recognizes as abbreviations for time specifications.

If you set up a Discount Date Calculation formula, then you must enter a Discount %.