Payment Discount Tolerance: Allows a customer to take a payment discount even though the payment discount date has passed.
Payment Amount Tolerance: Accepts a slightly greater or smaller amount as full settlement of an outstanding invoice. In the program, Payment amount tolerance is called Payment Tolerance.
To use the Payment Tolerances are set up on the following forms for sales & purchase
Customer Card & vendor card
General Ledger Setup
Chart of Accounts
Customer Posting Groups & Vendor posting groups
Currency card
Comments
Payment Amount Tolerance: Accepts a slightly greater or smaller amount as full settlement of an outstanding invoice. In the program, Payment amount tolerance is called Payment Tolerance.
To use the Payment Tolerances are set up on the following forms for sales & purchase
Customer Card & vendor card
General Ledger Setup
Chart of Accounts
Customer Posting Groups & Vendor posting groups
Currency card