Calculating Payment Discounts on Sales

Possible payment discounts are calculated when an invoice is posted. The payment discount date (the latest date on which the customer can pay and receive a discount on the payment) is also calculated at this time.

To Calculate Payment Discounts on Sales:

  1. Open the Sales Invoice window.

  2. Press F3, and then press Enter to create a new invoice and give it a number.

  3. In the Sell-to Customer No. field, select a customer with payment terms that allow payment discounts, and then click OK.

  4. In the Posting Date and Document Date fields, enter a date.

  5. On the first sales line, select an item, and then enter a quantity in the Quantity field.

  6. Click Posting, Post to post the invoice.

Related Topics

Determining Base Amounts for Payment Discounts on Sales

Reverting VAT on Payment Discounts