Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Keep an eye out for upcoming NetSuite events, including meetups, workshops, and webinars. These sessions are a great way to connect with peers, learn from experts, and stay current on the latest NetSuite updates and best practices. Registration links are provided in each event.
Vendor Bill Discount
Hi, I am struggling with Vendor Bill Discounts.
I have a bill from a vendor - e.g. $1000 total which includes 10% tax and shipping. I want to apply a 5% discount to the entire bill if paid by the 21st of the Month. (ie we pay $950).
I have setup a payment term which gives a 5% discount, and 21 as the "day discount expires".
When I go to pay a Bill, the discount appears, but is only applied to the PRE-TAX amount. Ie instead of a $50 discount, it only applies a $45 discount - prompting us to pay $955 which is incorrect.
Also,
1) where does this discount amount get accounted for?
0