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How to: Disregard Payment Discounts

Use the disregard payment discount at full payment feature to accept payments when the following conditions are true:

  • Payment discount date < payment date <= payment tolerance date

  • Full amount >= payment amount >= full amount - payment discount

To disregard a payment discount

  1. In the Search box, enter Payment Terms, and then choose the related link.

  2. Select the line with the payment term for which you want to activate or deactivate payment discounts.

  3. Select the Disreg. Pmt. Disc. at Full Pmt check box to initiate activation for this feature. To deactivate, clear the check box.

Note

When you apply one payment to multiple invoices, the feature to ignore payment discount at full payment is not supported.

See Also

Tasks

How to: Generate Payment Files
How to: Set Up Bank Reference Files

Concepts

Electronic Banking in Finland

Other Resources

How to: Set Up Payment Terms
Payment Tolerance and Payment Discount Tolerance