Calculate Invoice Discount

When all the items have been entered on the sales lines, you can calculate the invoice discount for the entire sales document by clicking Functions, Calculate Invoice Discount.

If there is a check mark in the Calc. Inv. Discount field in the Sales & Receivables Setup window, the amount will be calculated automatically. Click here to learn when the automatic calculation will occur.

The discount will be apportioned over all the lines in the sales document for items and resources where the Allow Invoice Disc. field on the sales line contains YES. (This is the default setting for items and resources.)

The program uses the invoice discount terms defined in the Cust. Invoice Disc. table to calculate the invoice discount. The program uses the currency code on the sales document to find the invoice discount terms in the corresponding currency.

If invoice discounts have not been defined for foreign currencies, the program uses the invoice discount terms in LCY defined in the Cust. Invoice Disc. table and the exchange rate as of the posting date on the sales document to calculate the invoice discount in foreign currency.

Click Sales, Invoice Discounts on the customer's card to see the customer invoice discounts that have been set up.