Some vendors allow discounts on invoices, if paid within a certain time period.
Breeze can calculate discount amounts and apply them automatically to payments.
On the Vendor screen, you define the discount on the Payment Terms tab.
In the example, the setup means: if you pay the invoice within 10 days, you will receive a discount of 5%.
The discount is applied automatically when you make the payment. In the following example, the payment is made within the discount time period, and a discount of 5% is applied to the original amount of $150.
Note: The example shows the Make Payments screen, located at Accounting > Accounts Payable > Make Payments.
After you make the payment, the discount is shown on the Payable screen as a separate detail line.
