Discount Amount

The Discount Amount  is an optional value and will contain a value that represents the amount of a discount should payment for an item be received by that date.

Vendor Invoice

When entering a Vendor Invoice, once the Vendor, Invoice Amount, Invoice Date, and Payment Terms have been specified, the Due Date, Discount Date and Discount Amount should be automatically populated as follows:

• Due Date - defaults to Invoice Date + Payment Terms Days (these are calendar days without regard for weekdays or weekends)
• Discount Date - defaults to Invoice Date + Payment Terms Discount Days
• Discount Amount - defaults to Invoice Amount * Payment Terms Discount %