Difference between revisions of "How To: Apply a Settlement Discount to a Purchase Invoice"

Revision as of 14:53, 20 October 2017

WARNING: The process of entering a settlement discount has changed since version 8.133, please see Changes to Bank Reconciliations

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

In the Purchase Invoice Screen

They are applied before the Purchase Invoice is paid.

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 to enter edit mode.
   2. Check the Post Invoice checkbox.
   3. Press Ctrl+S or click    to save and post the purchase invoice
4. Right-click in the grid and select 'Enter Settlement Discount' from the Context menu.
5. Enter the % settlement discount in the popup and click OK.
6. Select Yes or No as appropriate in the 'Is VAT applicable to the order?' popup.
7. Check the Discount Amount and click on OK.
8. An Information popup will inform the user of the amount of discount that has been applied.

In the Supplier Statement Screen

1. Open a Supplier screen (show me how).
2. Find and load the Supplier.
3. Open the [ Statement ] tab.
4. Right-click on the purchase invoice in the Statement Transactions grid and select 'Enter Settlement Discount' from the Context menu.
5. Enter the % settlement discount in the popup and click OK.
6. Select Yes or No as appropriate in the 'Is VAT applicable to the order?' popup.
7. Check the Discount Amount and amend if required then click on OK.
8. An Information popup will inform the user of the amount of discount that has been applied.

Note: the payment line for any Settlement Discounts that have been applied will be blue indicating a partial payment has been applied in the [ Supplier | Detail | Statement ] screen.

See Also

• Purchasing Overview
• Purchasing "How Tos"
• Supplier Screen screen
• Supplier "How Tos"