Skip to Content
This question has been flagged
accounting
2 Respostes
677 Vistes
Avatar
Andrew Reynolds

We are trying to set up an early VENDOR payment discount of 2% within 10 days and NET30 on the 11th day

So if paid within 10 days 2% takes off BUT taxes stay the same

so $100 invoice + GST 5% and PST 10% = 115.00

if paid WITHIN 10 days (day 0-10) payment should be $98.00 + the taxes on the original $100.00 do $15.00 for a total of 113.00

When we try this manually from 0-9 days we get ORIGINAL $115.00, if we put payment day on the 10th day then it calculated properly... it's as if it not "within 10 days BUT on the 10th DAY


Is there something that we are missing?



Avatar
Descartar
Avatar
André Canilho
Best Answer

Hi Andrew.
I'm not completely sure if I understood your issue. 

When setting payment terms, you must be sure your rules cover every option.

As you set a discount within 10 days, you must create another rule in Due Terms to cover the following dates.

ex: 0% | Percent | 10 | "Days after Invoice date"

This covers the early discount range and the following days without discount.

Avatar
Descartar
Avatar
Andrew Reynolds
Autor Best Answer

In this case we have 2% discount if before 10 days 

100% due if after 11 days


The discount WORKS so if paid before 10 days a bill of $100.00 (+ $9.98 and $5.00 tx TOTAL $114.98) the $100 becomes 98.00 BUT the taxes are then calculated on this discounted amount , I need the taxes to remain the same from original amount ($9.98 + $5.00) so amount to be paid should be $112.98 

Avatar
Descartar
Related Posts Respostes Vistes Activitat
Estoy registrando un pago menor a una factura en Odoo 18 pero no me aparece la ventana que indique pago parcial Solved
accounting
Avatar
Avatar
1
de maig 25
239
Odoo SH 18 – Unable to Apply Withholding Tax After Paying Vendor Bill
accounting
Avatar
0
de maig 25
20
Getting Error while fetching vendor bill from E invoice portal in India GST.
accounting
Avatar
Avatar
1
de maig 25
520
Subscription Invoice Configuration with Module - MyDATA
accounting
Avatar
Avatar
2
de maig 25
251
Add new payment terms Solved
accounting
Avatar
Avatar
Avatar
2
de maig 25
665