Skip to main content

We need help with how to book purchase discount in the following two situations:

  1. Suppliers will offer a 25% (for example) discount if we agree to take a large amount of product.  We want to book this special discount as “purchase discount”. How do we do it.  
     
  2. Suppliers will offer us a 50% discount on freight charges if we pay the product invoice within X days.  We want to book this 50% freight discount as purchase discount.  How do we do it? (We use landed cost to compute cost.)

Your suggestions are greatly appreciated. 

Hi @dougmcbride79 

You should be able to handle the first scenario by enabling Vendor Discounts on the Enable Options screen and then entering a vendor discount on the line of the PO.

You might need a customization to tackle the 2nd scenario if you are using Landed Cost.

Best,

David

Thank you.  I greatly appreciate your answer.  

Reply


Terms & ConditionsCookie settings