Post Discounts Offered to GL and Net Amounts to Subledgers

Check this box if you want only the net amounts of payable transactions posted to subledgers. When the payable transaction is posted, the discount amount is subtracted from the gross amount and is debited to the Discount Offered GL Account (specified below) in the AP GL Co#. If you are using pay categories, you must specify a Discount Offered GL Acct for the pay category in AP Pay Category.

Do not check this box if you want the full amount of payable transactions posted to subledgers. When unchecked, the Discount Offered GL Account input is disabled.

Although this feature is available for users who want the net amount of invoice transactions expensed, it is not the recommended method. If used, you will not be able to adjust the discount using AP Payment Control or when paying the invoices in AP Payment Posting. Discounts can only be changed by calling up and changing a transaction or by posting an adjustment transaction in AP Transaction Entry.