Prompt payment discounts encourage your customers to pay their account balance quickly.

To apply a prompt payment discount, you must apply the discount to each individual customer account. Discounts can be applied in two ways:

  • Trade discounts: These discounts use the pricing plan feature and are assigned to a customer account in the Customers module using the Adjust Pricing Plans [F7] feature on the bottom ribbon. To learn more, see How to set up and apply a trade discount.
  • Percentage discounts: This type of discount applies an overall percentage discount to an individual customer account. To learn more, see How to apply a percentage discount to a customer.

To set up a “prompt payment” program, you must set the expiration day for the prompt payment discount:

  1. On the File menu, click Setup.
  2. Click the Receivables tab.
  3. Enter a calendar day for this setting: Disable Prompt Pay Discount After Day of Month.
    Example: If you set this date to 5, then the prompt payment discount will expire if the balance is not paid by the 5th of the month (Examples: Jan 5, Feb 5, Mar 5, etc.).
    Note: If the calendar day is set to 0, customer account discounts will not expire.
  4. Click Save, and then click Close.



If you have questions or suggestions about this information, contact

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Printed on: 7/29/21