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#35783 - 02/28/13 08:19 AM A/P Discounts taken
MountWashTC Offline
Adagio Enthusiast

Registered: 05/25/09
Posts: 21
Loc: Mount Washington, BC
Is it possible to have term discounts reverse to the expense account posted per invoice instead of the one entered on the "Control Account"?

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#35785 - 02/28/13 08:23 AM Re: A/P Discounts taken [Re: MountWashTC]
Retired_Guy Offline
Adagio Master

Registered: 03/16/99
Posts: 10504
Loc: Canada
Are you talking about discounts offered on early cash receipts? Like the 2% discount in "2% 10 net 30" terms?
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Andrew Bates

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#35787 - 02/28/13 08:40 AM Re: A/P Discounts taken [Re: Retired_Guy]
MountWashTC Offline
Adagio Enthusiast

Registered: 05/25/09
Posts: 21
Loc: Mount Washington, BC
Yes!

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#35792 - 02/28/13 09:25 AM Re: A/P Discounts taken [Re: MountWashTC]
Retired_Guy Offline
Adagio Master

Registered: 03/16/99
Posts: 10504
Loc: Canada
So, the short answer to the question is "No".

Cash discounts may be applied across multiple invoices with many details on each line. having the computer decide exactly how a cash discount should be applied would be next to impossible, without a connection to the "cosmic consciousness"! wink

If this was REALLY important to you, then you could create a GridView View to generate an importable GL batch to reallocate the discount amount back to the various expense/revenue accounts. It would be a LOT of work though.
_________________________
Andrew Bates

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#35795 - 02/28/13 09:40 AM Re: A/P Discounts taken [Re: Retired_Guy]
MountWashTC Offline
Adagio Enthusiast

Registered: 05/25/09
Posts: 21
Loc: Mount Washington, BC
Thanks for the speedy response!

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