Add or Change Early-Payment Terms Received From Supplier

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

ClosedAdd or change terms on a supplier's record

  1. Open the Options tab in the supplier record. ClosedHow?
      1. In the Home window, click the Suppliers icon.
      2. Locate and double-click the supplier's name in the list to open their record.
      3. Click the Options tab.
  2. In the Early Payment Terms section, enter:
  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.

ClosedAdd or change terms when recording a supplier's bill

  1. Record a bill from a supplier
  2. Depending on the payment method you have selected, there are different ways to enter the payment terms or early-payment discount:

ClosedPay Later

In the Terms box, add or change the early-payment terms.

ClosedCash, Cheque, or Credit Card

In the Early Payment Discount box, enter a percent rate.