Vendor Invoice - Outgoing Payment -How to apply cash discount automatically

Question

Hi Folks,
My Vendor is 400000 - whose payment terms is : 0002
I posted a vendor invoice using FB60 :
where i checked the payment terms is 0002 3% Cash Discount within 14 days
                                                                2% Cash discount within 30 days
                                                                      Net within 45 dats
Default for Baseline date : Posting Date.
My Document Date and Posting date are both same: Invoice Document and posting date : 07/31/2008
I tried to make a payment using F-53, where the Cash Discount is not applying automatically. It is asking me to manually enter the cah discount @ 3%.
What should i do to make cash discount apply automatically.
Thanks and Help will be surely rewarded.
Matthew

Answer 1

Hello I just checked in my system it is automatically picking even if I am not taking the discount....check the payment terms....
ex : I have invoice for 500 with payment terms 1% discount
When I pay 500 in F-53 the system is showing me the net amount 495.
When I pay 495 the system is also showing me the net amount of 495
You might want to have a look at the payment terms.......
Make sure when you enter the amount in F-53 and press "Process Open Items", you have the discount percent populated automatically in the CashD% field.
Thanks
Harish
Edited by: Harish R on Aug 1, 2008 3:19 PM