Would like there to be a check box on the selection tab to take all AP discounts available without considering the payment date. We pay all invoices due each Tuesday - paying out all invoices due to the upcoming Saturday. The date of the payment is every Wednesday. If we put in the discounts to the end of the Saturday of that week it still will not take them based on the payment date of the Wednesday so we have to manually go to each line and change the apply to amount and the discount taken amount. It would be very nice to have one button that automatically takes the discount for the period paying without considering the payment date.
by: Jane P. | over a year ago | Financial Management
Comments
Agreed! We had a client for whom this was critical, so we established a procedure where they would backdate the payment date while generating the payment date, then export that batch, delete it, and import it with the current date. If there are a lot of lines to adjust, this is a little faster.