Discount

The Discount field is used to record that a Vendor Invoice > Discount amount is being applied with a particular Vendor Payment.  

Default Value Calculation

• When the Vendor Payment -- Document Date is on or before the Discount Date  (ie processing payment in time to receive a discount):
• • The Discount amount will default to the Orig Discount amount less any portion of the Discount amount that was included on another POSTED partial Vendor Payment.
    
• When the Vendor Payment -- Document Date is later than the Discount Date  (ie window of opportunity for the discount has passed)
• • The Discount amount will default to zero.

The Discount field on the Bulk Vendor Payment Creation -- List screen is non-editable and will reflect the default value calculation for Discount as stated above.  Once the Vendor Payments have been generated, any further manipulation of specific discount amounts can be manually updated via the edit Vendor Payments screen.  Cumulative Discount amount (across all Vendor Payments applying payment to a particular Vendor Invoice) cannot be greater than the Vendor Invoice Orig Discount amount.