Settlement/Prompt payment discount
Robert_8349542
Member Posts: 3 Novice Member 
I've found several other posts on the same topic but am asking the question again myself in
the hope someone may have found other soutions. Our customers are entitled to a small discount if they pay their invoice in 30 days. Ideally the dollar value of the discount needs to be shown at the bottom of the invoice and we should be able to record the short payment of the invoice without hassle. It seems a "button press" was available previously but has now been removed. Any help would be appreciated.
the hope someone may have found other soutions. Our customers are entitled to a small discount if they pay their invoice in 30 days. Ideally the dollar value of the discount needs to be shown at the bottom of the invoice and we should be able to record the short payment of the invoice without hassle. It seems a "button press" was available previously but has now been removed. Any help would be appreciated.
0
Comments
-
Welcome to the Community Robert,
I've found a couple of other threads around this also, did you come across this one in your search?
https://community.reckon.com/reckon/topics/early_payment_discount_on_an_invoice?topic-reply-list%5Bs...
Does the solution outlined by Shane in that thread cover what you require?
Cheers
Rav0 -
Thanks for the response Rav. I had found that thread but was still hoping for a magic bullet. My problem is more complex than the question I posted and I was keen to see how others handle it. Given the 100's of companies we deal with all offering Settlement with their different accounting packages, we were bit
hopeful for an elegant solution. We stupidly have different settlements for different customers and have products that are allowed settlement and others that are not. We may need a change in our thinking not programs. Thanks again.
0 -
Thanks for the response Rav. I had found that thread but was still hoping for a magic bullet. My problem is more complex than the question I posted and I was keen to see how others handle it. Given the 100's of companies we deal with all offering Settlement with their different accounting packages, we were bit
hopeful for an elegant solution. We stupidly have different settlements for different customers and have products that are allowed settlement and others that are not. We may need a change in our thinking not programs. Thanks again.
0 -
I am interested in the solution you found for this problem. We are in the same position now, adding discounts for early settlement based on customer types.0
This discussion has been closed.