Prompt payment discounts encourage customers to pay their bill on time and increases customer satisfaction. Paladin’s Prompt Payment setting lets you set the date each month when prompt payment discounts are no longer accepted.

For example, if you set this date to 15, prompt payment discounts will only be accepted if the customer pays their bill on or before the 15th of the month. From the 16th of the month forward, a discount amount will not be accepted.

To define the last day of the month that prompt payment discounts are accepted:

  1. In Paladin, from the main menu, select File > Setup.
  2. Select the Receivables tab.
  3. In the Statements pane, check Disable Prompt Pay Discount After Day of Month, and in the corresponding box, enter the last date of the month that the discount is available.

Note: The date must be between 1 and 31.

  1. Click Save, then click Close.

If you have questions or suggestions about this information, contact support@paladinpos.com.

*Content is subject to change. For the most recent version, visit the Help Portal.
Printed on: 3/29/24