A/P Installment terms w/ Discounts

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Posted on by Don Shields

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I'm trying to setup a terms code for use in A/P which uses installment method. I have gotten this much to work so far. Now my issue is that I need the terms code to apply a discount to the installments. Problem is that when you selelct multiple installments the discount part of the terms code becomes disabled. Is there a way to do this?

This is for SL 7.0 SP 1.

Thanks,

don shields

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Don Shields 650 on at

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Re: Re: Re: Re: A/P Installment terms w/ Discounts

Right, that's the way they explained it. Looks like we may have to break the vouchers up in excel and then import. yuck.
Toni S. 2,645 on at

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Re: Re: Re: A/P Installment terms w/ Discounts

Wow. And these are cash discounts depending on the quickness of payment, right?

May have to bring in the individual vouchers for each payment due. Ugh.
Don Shields 650 on at

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Re: Re: A/P Installment terms w/ Discounts

there would be several hundred per month. Looking at setting up TI to bring in the invoices and was hoping to setup a terms code that would create the installments. the only catch is that ther are discounts involved.

Don
Toni S. 2,645 on at

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Re: A/P Installment terms w/ Discounts

If it's not a whole bunch of them, you might be able to put in the cash discounts in the Document Maintenance screen? I could see where trying to handle cash discounts on installments would be VERY hard from an accounting point of view.