BeyondERP.Subscribe

Setup page · Accounts payable

Cash discounts

A setup page for cash discount codes that define the discount obtained when vendor invoices are paid within a set number of days.

Used by
Accounts payable manager, Auditor, Accounting manager and 1 more role
Business process
Define cash discounting policies in Dynamics 365 Finance
Menu item
CashDisc
Main table
CashDisc
Data entity
CredManCashDiscRankEntity
Setup steps
1 on this page
Show what matters for

Everyone

1What it is and why

What it isA setup page for cash discount codes that define the discount obtained when vendor invoices are paid within a set number of days.
What you do hereUsed to set up discount codes, optionally chained through a next discount code, that can be assigned to vendors, journals or purchase orders.
ExampleUSMF sets up 5D10%, 10D5% and 14D2% codes so that a 10, 5 or 2 percent discount applies when it pays within 5, 10 or 14 days; only one discount is granted.
Cash discounts page in Dynamics 365
The page in a working Dynamics 365 system. page title tab to open what to set or check

Functional consultant · Solution architect

2Where it fits

Business processDevelop procurement and sourcing strategy › Define accounts payable policies › Define cash discounting policies in Dynamics 365 Finance
Menu pathAccounts payable › Payment setup › Cash discounts
Set up firstAccounts payable parameters Microsoft Learn ↗
Used next byAll vendors Microsoft Learn ↗
Related pagesTerms of payment Microsoft Learn ↗Payment schedules Microsoft Learn ↗Payment days Microsoft Learn ↗Payment fee Microsoft Learn ↗Methods of payment Microsoft Learn ↗

End user · Functional consultant

3How to do it

Step by step, with screenshots

Set up Cash discounts1 screen

Set up and manage the terms for obtaining cash discounts; the codes are linked to vendors and applied to purchase orders.

  1. Screen 1

    Create the cash discount

    Go to Accounts payable > Payment setup > Cash discounts

    1. Select New
    2. Enter the code and the description
    3. Set the number of days and the discount percentage
    4. Fill the main accounts for customer and vendor discounts, then save
    1Cash discountBEAT-2/10
    2Days10
    3Discount percentage2.00
    DescriptionAtlas demo 2% within 10 days
    Create the cash discount (zoomed on the outlined fields)
    Show the full screenCreate the cash discount
    page title tab to open what to set or check

Microsoft's steps

  1. Go to Accounts payable > Payment setup > Cash discounts.
  2. Select New.
  3. In the Cash discount field, enter an ID, and add a description.
  4. If the vendor offers tiered discounts, select the next cash discount to use when this one expires.
  5. In the Days field, enter the number of days used to calculate the cash discount date.
  6. Enter the discount percentage in the Discount field.
  7. Enter the main accounts for customer and vendor cash discounts.
  8. Save the record.

Source: Microsoft Learn ↗

Field guide

FieldWhat it meansWorked exampleTable column
DaysThe number of days used to work out the cash discount date, counted as set in the Net/Current field.Microsoft Learn ↗10—
DiscountThe cash discount percentage.Microsoft Learn ↗——
Next discount codeThe discount that applies after this one expires, for tiered discounts.Microsoft Learn ↗—CashDiscCodeNext
Discount offset accountsWhether the vendor discount posts to the main account or to the accounts on the invoice lines.Microsoft Learn ↗——
Cash discount—BEAT-2/10—
Description—Atlas demo 2% within 10 daysDescription
Discount percentage—2.00—

Functional consultant

4Setup decisions

Setup stepRecommended value and whyDecision · common mistake · test
Set up Cash discounts——

Solution architect

5Design impact

Shared or per companyPer company: each legal entity has its own records. Microsoft data model ↗
Can it be undone—
Feature or country—
If you change it later—

Technical architect

6Technical

Menu itemCashDisc Checked in Dynamics 365
FormCashDisc Checked in Dynamics 365
TableCashDiscShown as “Cash discount” in Record infoChecked in Dynamics 365
Data entitiesCredManCashDiscRankEntityRanking of cash discounts Microsoft data model ↗CashDiscountEntityCash discount Microsoft data model ↗
Who can open itPrivilegesMaintain vendor cash discounts CashDiscMaintainView vendor cash discounts CashDiscViewDutiesInquire into invoice and payment policies VendInvoiceInvoicePaymentPoliciesInquirEnable invoice and payment process VendInvoiceInvoicePaymentProcessEnable
4 security rolesAuditor AuditPolicyManagerAccounting manager LedgerAccountingManagerAccounting supervisor LedgerAccountingSupervisorAccounts payable manager VendInvoiceAccountsPayableManager
Checked in Dynamics 365
Actions on the pageButtons: TranslationsChecked in Dynamics 365

Developer

7Developer

Open it directlyhttps://<your-environment>/?mi=CashDisc
Integrate withCredManCashDiscRankEntity data entity Microsoft data model ↗
Table definitionCashDisc columns and relations Microsoft data model ↗

Everyone

8Sources and checks