---
title: Applying Discounts (NetSuite)
slug: svb/applying-discounts-netsuite
description: Find all the crucial details and insights in this comprehensive document. It covers a wide range of topics and provides valuable information for your understanding and decision-making. Navigate through the document to gain a deeper understanding of the su
docTags: bSho0M8HRjDvZq9EBIWDy
createdAt: 2022-08-02T19:04:46.000Z
---

Learn how to apply discounts to payments in NetSuite with the SVB Go Link helping you manage your payment discounts and processing.

***

## Apply Discounts to Payments

Follow these steps to learn how to apply discounts to vendor payments.

::::WorkflowBlock
:::WorkflowBlockItem
### Confirm Purchase Discount Account

Go to** Setup → Accounting → Accounting Preferences → Items/Transactions →** **Purchase Discount Account.**

Confirm the appropriate account is selected. The account selected here can be any account; choose one that works best with your business. 

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Click **Save**.
:::

:::WorkflowBlockItem
### Creating Payment Terms

Terms can be created or modified in the Payment Terms page. Go to **Setup → Accounting → Accounting Lists**.

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Select** Filter → Type → Term.** 

From here, you can view and edit Terms that already exist, or you can select **New** and create a new Term.

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Enter the details for your new Term. Once you are done, select **Save.**

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:::

:::WorkflowBlockItem
### Setting Payment Terms

**Terms** can be set at the Vendor level or the Bill level.

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:::

:::WorkflowBlockItem
### Paying Discounts

Using the main navigation bar, go to the **Pay Vendor Bills** page via SVB Go Link **→ Payments → Vendor Bills**.

::Image[]{src="https://api.archbee.com/api/optimize/z7B2F1SpvEnr9KImiRpyQ-DbYHnQbcvvS2EcP5a1EIH-20250514-164502.png" size="80" width="1382" height="523" position="center" caption="Select Payment Method" showCaption="true"}

Use the filters to find the bills you would like to pay. If a default payment method has not yet been set for the vendor, choose a payment method from the respective column.

**Discount Amount** is automatically calculated on the **Original Amount **of the bill based on the terms and dates set on the bill. If a discount is calculated to be available (based on the terms), the **Discount Amount **box will be automatically populated. Users can modify the discount amount by editing the value in the **Discount Amount** field. 

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If the discount looks correct, select the bill and select **Pay**.

A confirmation page will appear with the To Pay amount. Select the account from the dropdown and confirm that the number of bills, payments, and amounts are correct. 

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Then, select **OK.**

After selecting **OK**, a blue payment status bar will appear at the top of the page to show the progress of your payment.

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Once the payment request is successfully sent, the status bar will turn green.

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:::

:::WorkflowBlockItem
### Check Status of Payment

Using the main navigation bar, go to SVB Go Link **→ Payments → History**.

The status will appear as** Processing **until the payment has been cleared. Once the payment is complete, the status will display as **Completed**. 

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Payments take four business days to appear as **Completed** in the plugin since there is no positive acknowledgement from the receiving bank.

The bank plugin will only transmit the amount paid in NetSuite, which will be the remaining bill amount after any discounts or vendor credits are applied. For users who view payments made in the NetSuite bank plugin later in their bank portal, the amount shown will be the same remaining bill amount that was paid in NetSuite. 
:::
::::

***

## Partial Payments

Partial payments are not supported. The plugin will consistently submit the full **To Pay **amount, regardless of any discounts entered or credit memos applied, and will record the remaining balance as a discount when processing a payment in the ledger.

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