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 LCY for domestic vendors.

To invoice purchases with invoice discounts in LCY

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

  2. In the Purchase Invoice window, create a new purchase invoice. For more information, see How to: Record Purchases.

    Note
    If you have selected the Calc. Inv. Disc. check box in the Purchases & Payables Setup window, the discount is calculated automatically when you post. You can also calculate the invoice amount manually.

  3. On the Actions tab, in the Functions group, choose Calculate Invoice Discount, and choose Yes.

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

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

Tip

See Also