How to process payment discount

SINOEUNSTEVENNEANG
SINOEUNSTEVENNEANG Member Posts: 202
edited 2012-02-14 in NAV/Navision Classic Client
Dear

i want to process payment discount meaning that my invoice amount 350$ and i have receive only 300$ the rest is discount.
how can i do that ?

Please advise..

Comments

  • Zephyr
    Zephyr Member Posts: 110
    You can use Line Discount %
    Zephyr
  • ssingla
    ssingla Member Posts: 2,973
    Zephyr wrote:
    You can use Line Discount %

    It seems the author is asking for discount after posting of invoice so Line Discount won't be of any help.
    SINOEUNSTEVENNEANG wrote:
    Dear

    i want to process payment discount meaning that my invoice amount 350$ and i have receive only 300$ the rest is discount.
    how can i do that ?

    Please advise..

    There are 2 options:
    a) Post a Credit Memo with Type as G/L Account of discount or Item Charge.
    b) If payment terms are set to allow payment discount and payment is received during the due period then system can automatically post the discount entry if invoice is applied with payment .
    CA Sandeep Singla
    http://ssdynamics.co.in
  • SINOEUNSTEVENNEANG
    SINOEUNSTEVENNEANG Member Posts: 202
    ssingla wrote:
    Zephyr wrote:
    You can use Line Discount %

    It seems the author is asking for discount after posting of invoice so Line Discount won't be of any help.
    SINOEUNSTEVENNEANG wrote:
    Dear

    i want to process payment discount meaning that my invoice amount 350$ and i have receive only 300$ the rest is discount.
    how can i do that ?

    Please advise..

    There are 2 options:
    a) Post a Credit Memo with Type as G/L Account of discount or Item Charge.
    b) If payment terms are set to allow payment discount and payment is received during the due period then system can automatically post the discount entry if invoice is applied with payment .


    Thanks you . very useful answer.

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