We'd love to hear from you! Provide  feedback  to earn a badge today. Take our quick survey
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

2/10 Net 30 Payment terms

Received Response
12
Views
1
Comments
edited Jun 24, 2021 6:53PM in Payables, Payments & Cash Management 1 comment

Summary

Payment Batch did not include invoice with discount payment terms

Content

We entered an AP invoice dated 6/24/2021, with 2/10 Net 30 payment terms.  This invoice is validated, approved, and accounted.  There are not any holds on the supplier.  We ran a payment batch with the pay through date set to 7/6/2021 and a data basis of Pay Date, and this invoice was not selected.  We ran another payment batch with the pay through date set to 7/26/2021 and our invoice was selected and the discount was taken.  This does not appear to be working as required.   Is there other set that needs to be done for this to work?  

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!