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 Discount Date, Discount will be auto-applied to the Bill Payment.