Earned Discounts - iReceivables
We have this working for everything except earned discounts.
The problem is the timing. Earned discounts seem to go against the invoice and not the payment.
Simple scenario: $100 open invoice reported in iReceivables. Balanced to the customer's AP of $100.
Next period a $100 payment is made which earned a $1.00 discount on the $100 invoice. Customer's AR balance is now -$1.00, while their AP is showing $0.00
How can we easily show the earned discounts in iReceivables for this type of balancing? These discounts do show as a column, but it doesn't seem possible to show when the discount was actually earned. Is there a way to apply the discount to the payment instead of the invoice? Or, is there a way to show the discounts via a date range within iReceivables?