Add or Change Early-Payment Terms Received From Vendor

There are two ways in Sage 50 Accounting to add or change early-payment terms you receive from a vendor:

Add or change terms on a vendor's record

  1. Open the Options tab in the vendor record.
  2. In the Early Payment Terms section, enter:
    • the discount rate
    • the number of days within which an invoice must be paid to receive the discount
    • the number of days within which the full amount of an invoice must be paid
  3. (Optional) If you want Sage 50 Accounting to calculate the discount without including the sales tax, select the Calculate Discounts Before Tax check box.
  4. Click Save and Close.