Discount Taken GL Acct

For use with Pay Category feature only (flag in AP Company Parameters).

Specify the GL account (from GL Accounts) to credit with discounts actually taken with a payment. This account is used whenever a transaction referencing this pay category includes a discount, regardless of whether posting net or full amounts to subledgers.

Note: If you are using discounts, do not leave this field blank. Although a 'discount taken' account is specified at the company level, it is not used as a default when the entry here is null. As this account is required when processing transactions that include a discount, an error occurs when you try to post the batch.