If the option is set to Accounts on the invoice lines, the cash discount will be posted to the asset/expense accounts on the invoice's lines. If Discount offset accounts is set to Use main account for vendor discount, then the Main account will be used. Vendor Discounts: Calculate how many discounts your organization has received from early payments, bulk orders, group orders, and goodwill gestures (after vendor errors.) Product/Service Defect Rate: Evaluate the quality of your supply by tracking how many failed products or services you receive against the total amount (typically per million. To set up a line discount for a vendor Choose the icon, enter Vendors, and then choose the related link. Enter the main account to which the cash discount will be posted for customer invoices, then enter the main account to which the cash discount will be posted for vendor invoices.Enter the percentage of the cash discount in the Discount field.If Current month was selected, the quantity will be added to the end of the currency month to determine the cash discount date. If Net was selected, the quantity will be added to the invoice date to determine the cash discount date. The quantity entered in the Days field will be used to calculate the Cash discount date, based on what option was selected in the Net/Current field. If the vendor offers a tiered discount, select the next cash discount after the current one is expired.In the Cash discount field, enter an ID. Go to Accounts payable > Payment setup > Cash discounts.If you select Current month, it will add the number to the last day of the current month to calculate the due date. For example, if you select Net, the number will be added to the due date. The number entered here will be used to add to the due date, or to the end of the period identified in the Payment method. In the Description field, type a value.In the Terms of payment field, type a value.It is not used to define how the cash discount date will be calculated. If the original vendor invoice is posted with sales tax and if a vendor cash discount account is setup in the sales. The Terms of payment page is used to define how the due date will be calculated. If the new parameter is set to main account for vendor discounts, AX uses the ledger account from the cash discount form for posting the cash discount given that the original vendor invoice has been posted without sales tax. Go to Navigation pane > Modules > Accounts payable > Payment setup > Terms of payment.This article explains how to set up payment terms for vendor invoices.
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