The Match company Discount Recognition field must be set to
Match.
| Process |
Interface to GL |
| Release receiving document |
Global Ledger Interface
|
| Match invoice with 20% discount |
Journalize Distribution
|
| Post discounts |
Match Discount Posting
|
| Pay invoice and take discounts |
Payment Close
|
| Account Description |
Debit |
Credit |
| 1) Inventory
|
10
|
|
| 1) PO Receipt Accrual
|
|
10
|
| 2) PO Receipt Accrual
|
10
|
|
| 2) Payables Accrual |
|
10
|
| 2a) Payables Accrual |
2
|
|
| 2a) Discount Accrual
|
|
2
|
| 3) Payables Accrual |
8
|
|
| 3) Discount Accrual
|
2
|
|
| 3) Discount Taken
|
|
2
|
| 3) Cash
|
|
8
|