Early Payment discount

Question

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

André Canilho · 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.

Andrew Reynolds · 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
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