Purchase Order Discounts

Purchase Order Discounts

To create a PO with a discount from a vendor:

1) Create a vendor term by going to Admin -> Setup Payables -> Vendor Terms.

2) When creating the PO in Payables -> Purchasing -> New Purchase Order select this term in the "Vendor Terms - This PO" drop down for the discount to apply.

You can set the Vendor Term per vendor by going to Contacts -> Vendors -> Edit Vendor, and inserting the term in the "Payment Terms" field.

The cost shown in Item Vendors should remain at the regular cost.