The Discounts tab provides information about discounts associated with Payment Terms. The Discount Opportunities sub-tab displays projected discounts for invoices, if those invoices are paid by the discount due date. The Task Administrator uses this information to ensure invoices approval prior to the discount due date, or escalated to a higher level of approval.
If you do not have the Discount tab enabled in the Disburser module, contact Customer Support or the BRM for your agency to have Discount functionality enabled.
The Discount Opportunities summary page displays information about the vendor, the invoice and PO numbers, the invoice amount, and the amount of the discount. The discount due date displays the date the agency should pay the invoice to take advantage of the discount.
The Routed To list box displays only those Disburser users with the same ALCs and who are associated with the same group as you.
The information in the table below describes the Discount Opportunities page.
|
Field Name |
Description |
|---|---|
|
Attachments List |
|
|
$ (Payment Terms) |
Symbol that the invoice in that row of the table has a discount opportunity if paid by the due date. Roll the mouse over the icon to display a tool tip of the discount, displaying both the Discount amount available and the discount percentage available. |
|
Supplier |
Name of the Vendor who issued the goods or services on the invoice Click the link to view vendor information. |
|
Invoice # |
Number assigned to the invoice by the vendor or Disburser Self-Service user Click to view the invoice. |
|
PO # |
Number assigned to the PO by the agency Click to view the PO. |
|
Invoice Amount |
Total amount of the invoice |
|
Discount Amount (Projected) |
Discount if the invoice is paid by the discount due date |
|
Due Date |
Invoice due date |
|
Discount Due Date (Projected) |
Date the invoice must be paid in order to qualify for the discount |