Discount from Supplier

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  • Updated 4 years ago
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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?
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Posted 4 years ago

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Photo of Andrew


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Hmm a few ways to slice and dice this I guess, but lets wait and see what the accountants say is the best way to do it.
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Reckon FAQs, Employee

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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.