Applying Discounts (Intacct)

the discount feature allows users to apply discounts to payments sent through the plugin the payment request to the bank takes the discount into account discount terms can not be applied to partially paid bills to benefit from discounts, you have to either be paying the bill in full in one payment be paying the last partial payment on the bill if there is no amount due left on the bill (after that last payment), you are able to apply the discount applying discounts instructions step 1 setting payment terms go to accounts payable → bills to create or edit a bill open a bill and select ‘terms’ enter the discount term you would like to use from the drop down menu step 2 paying with discounts go to payables use the filters to find the bills you would like to pay the discount associated with that bill will auto populate in the discounts column and apply to the bill per default ‘to pay’ is the ‘amount due’ minus the ‘discounts’ (calculated based on the terms and dates set on the bill) minus any additional credit applied select the payment method and pay your bill as usual step 3 removing a discount from a bill if you would like to pay a bill that has a discount term applied without using that discount term, there are 2 options remove that discount term from the native intacct bill record to do so, navigate to account payables → bills and select the bill you would like to modify confirm that the term drop down is left blank this will effectively remove the discount term from the bill in the plugin, unselect the 'apply' button for the bill that you would like to pay without applying the discount term to it an orange text will appear explaining that this bill is eligible for discount if you leave or refresh the payables page, the apply checkbox will be checked again to update the discount as of date click on the discount amount (in blue) this will open a pop up where the discount as of date will be modifiable make sure the apply discount box is checked, now, edit the “ discount as of ” date click save make sure the apply checkbox is checked and pay your bill as usual please note that if a date after the discount cut off date is selected, the discount will be $0 faq "what if the amount is not right?" if the amount auto populated does not match what you would like to have as a discount, you can simply modify the corresponding accounts payable \[ap] term simply head over to account payables > bills and select the bill you would like to modify change the selected ap term, and the auto populated discount in the plugin will be automatically updated this will directly be reflected in the ‘to pay’ column "how can i change the ap term settings?" head over to payables > set up > more > terms to edit ap terms "what if i do not want to use the discount?" if you would like to pay a bill that has a discount term applied without using that discount term, there are 2 options remove that discount term from the native intacct bill record to do so, navigate to account payables > bills and select the bill you would like to modify ensure that the term drop down is left blank this will effectively remove the discount term from the bill in the plugin, unselect the 'apply' button for the bill that you would like to pay without applying the discount term to it an orange text will appear explaining that this bill is eligible for discount "are discounts supported in different currencies?" yes, discounts are supported in all currencies "i changed the ap term in my bill, but it is not reflected in the plugin yet, what should i do?" the plugin always reflects exactly what is in the bill on native intacct if you have updated the bill, and it is not yet updated in the payables page, wait 30 seconds and refresh the plugin, the bill should then be updated "why can i not pay a partial payment with a discount?" discount terms cannot be applied to partially paid bills to benefit from discounts, you have to either be paying the bill in full in one payment be paying the last partial payment on the bill if there is no amount due left on the bill (after that last payment), you are able to apply the discount please refer to the hovers ‘i' in the discounts and to pay columns explaining the expected behavior "what is the discount as of date?" discount as of date is the date at which the discount is processed "why are grace days not taken into account?" grace days are currently not supported "i changed the bill but it is not reflected in the plugin yet, what should i do?" the plugin always reflects exactly what is on the bill in native intacct if you have updated the bill, and it is not yet updated in the fispan plugin payables page, wait 30 seconds and refresh the plugin, the bill should then be updated "if i have multiple line items, where will the discount be applied?" if the bill is paid in full, the plugin will apply the discount proportionally, split between each line item if the bill is paid in installments, the discount will be applied to the last line item of the last payment (discount will not be used before the bill is paid in full) "why is native intacct not passing my discount while the plugin does?" when the payment date is set to be after the discount cut off date but the discount as of date is set to before the discount cut off date, the plugin does not replicate native intacct intacct offers a partial payment without the discount being taken into account, while the plugin sends the payment with the discount