Discount Calculation for Payable Documents
The table below explains how discounts are calculated when you post payable invoices and payable credit notes depending on whether there are credit terms defined in the following records:
- Multiple companies account config
- Account
The calculation process considers the records following the order above.
The following conditions apply to all the scenarios included in the table:
- The Accounting Foundation Credit Terms Feature Console feature is not enabled.
- The Use Multiple Companies Configuration field in the Accounting Settings custom setting is selected.
The "Multi-Account Credit Terms Record Is Incorrectly Populated" column refers to the case when only the Description 1-4 or Discount 1-4 fields, or none of the fields on the multi-account credit terms record are populated.
The "Credit Terms Are Specified on the Account Record" column refers to the case when the Base Date 1-4, Days Offset 1-4, and Discount 1-4 fields are populated on the account record.
Multiple Companies Account Config Record Exists | Multi-Account Credit Terms Field Is Populated on Multiple Companies Account Config Record | Multi-Account Credit Terms Record Is Correctly Populated | Credit Terms Are Specified on the Account Record | Discount is Calculated Based on |
---|---|---|---|---|
Yes | Yes | Yes | N/A | Multi-account credit terms |
Yes | No | N/A | Yes | Account credit terms |
Yes | No | N/A | No | No discounts are calculated. |
No | N/A | N/A | Yes | Account credit terms |
No | N/A | N/A | No | No discounts are calculated. |
No | N/A | N/A | No | |
Yes | Yes | No | No |