When you use invoice discounts, the size of the invoice amount determines the size of the discount that is granted.

You can define the terms of the invoice discount in foreign currency for foreign vendors.

To invoice purchases with invoice discounts in foreign currency

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

  2. In the Vendors window, select a foreign vendor. On the Home tab, in the Manage group, choose Edit.

  3. On the Invoicing FastTab, enter a code in the Invoice Disc. Code field.

  4. On the Home tab, in the New group, choose Purchase Invoice to create a new purchase invoice. For more information, see How to: Record Purchases.

  5. If you have selected the Calc. Inv. Disc. check box in the Purchases & Payables Setup window, the discount is calculated automatically when you post.

  6. On the Actions FastTab, in the Functions group, choose Calculate Invoice Discount, and then choose Yes.

  7. To see the total invoice discount, on the Navigate tab, in the Invoice group, choose Statistics.

  8. In the Posting Date field on the invoice, enter a date, and then post the invoice.

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