Changes to Applying a Settlement Discount to a Purchase Invoice

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From version 8.133 the process of applying a settlement discount against a purchase invoice has changed.

Overview

Settlement Discounts can be applied to Purchase Invoices or entered in the [ Supplier | Detail | Statement ] tab when agreed with the Supplier.

Previously, when entering the settlement discount, multiple prompts were displayed and the date used for the discount was always that of the associated Purchase Invoice / Transaction. From version8.133 the user will only be presented with two prompts, one for the initial data (such as the discount percentage to be applied and the posting date) and one to confirm the final amount of the discount.

How to Apply a Settlement Discount in the Purchase Invoice Screen

  1. Open a Purchase Invoice screen (show me how).
  2. Using the filters find and load the required purchase invoice.
  3. If the Purchase Invoice has not been posted:
    1. Press Alt+E or click the green triangle icon is the buttonbar's EDIT button to enter edit mode.
    2. Check the Post Invoice checkbox.
    3. Press Ctrl+S or click the disk icon is the button bar's SAVE button    to save and post the purchase invoice
  4. Right-click in the grid and select 'Enter Settlement Discount' from the Context menu.

The Settlement Discount Details dialog will be displayed: Settlement Discount Details dialog

  1. On the Settlement Discount Details dialog:
    1. Enter the percentage discount that the supplier is offering in the Discount Percentage field.
    2. a tri-state checkbox, set to the "on" setting. Tick or a tri-state checkbox, set to the "off" setting untick the Is Taxable field as appropriate.
    3. Set the Posting Date (this will default to the date the settlement discount is being applied.
  2. Click OK.

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