Forum Discussion

Webb1's avatar
Webb1
Experienced Cover User
3 years ago

Supplier Discounts

Hi We have a supplier that gives us a discount if we pay on time.  Sometimes this works well and other times it doesn't.  Trying to get to the bottom of the problem so it works properly all the time...
  • Steven_M's avatar
    Steven_M
    3 years ago

    Hi Webb1 

     

    For the discount to be applied with a payment you need to pay off the invoice in full.

    In your case, the last invoice the amount is $48,967.59 with the payment of that invoice being $48,967.58 As the payment doesn't pay off the full invoice (1 cent short) the discount is not applied.

Steven_M's avatar
Steven_M
Former Staff

Hi Webb1 

 

For the discount to be applied with a payment you need to pay off the invoice in full.

In your case, the last invoice the amount is $48,967.59 with the payment of that invoice being $48,967.58 As the payment doesn't pay off the full invoice (1 cent short) the discount is not applied.

Webb1's avatar
Webb1
Experienced Cover User
3 years ago

Hi Steven

Do you know how many times I have looked at that, of course it all makes sense now.

Thanks

Lisa

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