You use the Debtor Statement Print - Discounts window to give a discount to debtors who make their payment by a certain date, as part of Generating debtor statements. This acts as an incentive for debtors to pay early.
For each discount, set a due date and discount percentage. Two types of discounts are available:
- If using instalments and giving a discount for full year payment.
- If giving a discount for payment by a certain date.
- Specify the account balance criteria. For more information on the fields, see the key fields section below.
- Click
.
The Voluntary Contributions window of Debtor Statement Print is displayed. See Debtor Statement Print - Voluntary Contributions window.
Debtor Statement Print - Discounts window key fields
Field | Description |
|---|---|
Only Print New Unallocated Instalments | Select to print unallocated instalments that are new since the last statement. |
If Using Instalments and Giving Discount for Full Year Payment | Specify the Discount Percentage that applies if the full year's payment is received by the Payment Due By date. |
If Giving Discount for Payment by a Certain Date | Specify the Discount Percentage that applies if payment is received by the Payment Due By date. |
Discount Calculation Method based on | Specify the Discount Calculation method that applies to the statement:
|
| Transactions included in Discount Calculation | Specify the transactions included in the Discount Calculation:
Note: You can use the Transaction Date From/To fields to restrict discounted transactions to a specified date range. |
Discount Rounding Direction / | Specify the Interval in cents that discounts are rounded to and whether they are rounded to the value that is:
|
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