This field displays only if allowing discounts on invoices (option in AR Company Parameters).

If this is an Invoice or Adjustment transaction, enter the discount amount for this invoice line. Defaults an amount based on the discount rate specified for the contract’s payment terms (contract invoice) or customer’s payment terms (non-contract invoice). You may override as necessary.

If this is a Credit Memo or Write-Off transaction, and you are crediting or writing off only part of the original invoice, the discount will be based on the credit amount.

  • Do not enter negative amounts in this field. If the line’s amount is negative, the discount amount should be positive.

  • Also, if retainage is used, discounts will not be calculated on the Retainage portion of the transaction.