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Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp, powered by BILL, lets you automate payments, manage vendor details, and bank account information within NetSuite. Learn more
NSC | Bill Payments > Discount Available and Discount Taken
There are some scenarios where Term Discounts on Vendor Bills do not auto-apply on Bill Payments.
Please note that Discount will only be taken and auto-applied if the Bill Payment record is dated on or before the Discount Date of the Vendor Bill.
Here are some examples where Discounts are taken and auto-applied:
Scenario 1: Bill Payment Date is before Vendor Bill's Discount Date.
Results: Discount is auto-applied to the Bill Payment.
Scenario 2: Vendor Bill's Due Date is before Discount Date.
Results: Even if the Bill Payment Date is Past Date Due as long as it is dated on or before
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