Additional Data tab

The term of payment defines the payment terms and the discount percentage, if the purchase invoice is paid before the cash discount date expires. Default values are retrieved from the supplier data. If no term of payment is defined for a supplier or if you want to edit them, the term of payment can be selected using the browsing tool.

When a purchase invoice has a term of payment, the application forms the due date of the purchase invoice by adding to the invoice the number of days according to the term of payment "Term of Payment, Net". Thus, the purchase invoice due date is the net due date and not the cash discount date. An exclamation mark appears next to the Due Date field of the Create Purchase Invoice screen to indicate the term of payment. The Cash Discount Date is shown on the Additional Data tab in Create Purchase Invoice and on the Processing Purchase Invoices page after saving the invoice.

The cash discount date as calculated from the purchase invoice date and payment terms.

If banking days have been downloaded into the application from Basware Banking, the user receives a notice that the cash discount day is not a banking day. A non-banking day can, however, be saved as the cash discount day.

The purchase invoice amount minus the discount rate

This is the Basware Finance cash planning account to which the purchase invoice amount is transferred. Its default value is retrieved from the supplier or the company.

If banking days have been downloaded into the application from Basware Banking, the predicted transaction is transferred, according to the Finance settings, to either the previous or the next banking day, if the purchase invoice due date or cash discount date is not a banking day.