How to: Set Up Invoice Discount Terms

After you have entered invoice discount codes for the relevant vendors, you must set up an invoice discount window for each code.

To set up invoice discount terms for purchases

In the Search box, enter Vendors, and then choose the related link.
Select a vendor with an invoice discount code, and then, on the Home tab, in the Manage group, choose Edit.

If there are several vendors with this code, it does not matter which vendor you choose.
On the Navigate tab, in the Purchases group, choose Invoice Discounts.
In the Currency Code field, enter the code for the currency for which you want to set up invoice discount terms. Leave the field blank if you want to set up invoice discount terms in LCY.
In the Minimum Amount field, enter the minimum amount that an invoice must have to be eligible for a discount. The minimum amount is in the currency represented by the code in the Currency Code field on the same line.
In the Discount % field, enter the percentage rate to be used.

You can set up as many lines as necessary if you will receive different discount percentages for different invoice amounts and for different currencies. Optionally, you can enter an amount in the Service Charge field. The service charge is also in the currency represented by the code in the Currency Code field on the same line.
Repeat these steps for the remaining vendors.