We have vendors that invoice ending the 25th with discounts if you pay by the 10th. The invoices from the 25th to the end of the month have different due date and discount dates, but when you go to set to pay if you remove the discount amount from the set to pay screen to reconcile it will not be there when you come back to the set to pay screen next month to set to pay. If you open the set to pay screen for a vendor your discounts should be there unless you have missed the date set for that discount. You should be able to clear them to reconcile with vendor statement, but not have to manually calculate and re-enter. Discounts are applied to invoices on the screen when they are entered, you should not have to repeat this work.

by: Tammy W. | over a year ago | Accounts Payable