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Net 10 Days with 1% Discount auto deduct disocunt from invoice?

  • June 27, 2024
  • 2 replies
  • 39 views

kevin3
Freshman I

gm,  ,

 

does the 1% get deducted automatically if the payment from a customer is paid within the 10 days of the invoice?

Best answer by mianniello80

Good morning @kevin3 

 

If that is how the Credit Terms are set up….then yes. Below example shows invoices are due in 30 days….but if they pay within 10 days they get 1% discount.

 

 

2 replies

mianniello80
Varsity II
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  • Varsity II
  • Answer
  • June 27, 2024

Good morning @kevin3 

 

If that is how the Credit Terms are set up….then yes. Below example shows invoices are due in 30 days….but if they pay within 10 days they get 1% discount.

 

 


kevin3
Freshman I
  • Author
  • Freshman I
  • June 27, 2024

ty