Discount

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

Negative discounts are allowed.

Disabled Field

• The Discount field will only be enabled for entry on the VI (Vendor Invoice) rows in the Paid Documents grid. That is, it will always be disabled on VP (Vendor Payment) rows.
• The Discount field will be disabled until the checkbox is selected to include a VI row in a Vendor Payment.  
• The Discount field will remain disabled, even once selected to be included, under the following conditions:
• • If the Orig Discount from the Vendor Invoice is zero

Default Value

Once a row is selected:

• 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.

Calculations on Change

When the value in the Discount field is changed, several other fields will be recalculated/updated as follows:

• Payment = Balance - Discount
• Remaining = zero
• Totals for Payment, Discount and Remaining are updated accordingly
• Document Header > Balance = Previous Balance - change in Payment amount

Validations

• Cumulative Discount amount (across all Vendor Payments applying payment to a particular Vendor Invoice) cannot be greater than the Vendor Invoice Orig Discount amount.

Bulk Vendor Payment Creation

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.