Discount from Supplier

NicoleNicole Member Posts: 17
edited March 2017 in Accounts Hosted
I am entering invoices (in Reckon Hosted) from a supplier whom we receive a 5% discount from if paid on time but am unsure (at all) how to process the discount. Is it entered at the invoice level or when making the payment?
Can someone please help?

Comments

  • Reckon FAQsReckon FAQs Reckon Staff Posts: 700 ✭✭
    edited March 2017
    Hi Nicole,

    Welcome to the Reckon Community.

    Enter the discount amount as a Credit Note.  Apply the credit note to the inward Invoice and pay the balance.

    Hope this helps.

    regards,
    John
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