Discount Percent

Enter the discount percentage to be given if payment is made by the discount date. For example, entering 5 in this field allows a 5% discount, if payment is made by the discount date. The default value comes from the Billing Terms record that is associated with the vendor's Terms Code.

Note: For vendors who are not assigned a discount amount in their Vendor record, the amount you enter here will be used in the discount calculations for this voucher or adjustment.