INVOICE APPROVAL > Reports > Payment discount log
For many organizations, the ability to pay invoices quickly and take advantage of early payment discounts is a key performance indicator (KPI) for the Accounts Payable Department. You can keep track of payment discounts related to invoices using this report.
This report lists early payment discounts that relate to processed Invoices and includes related supplier, PO, and invoice information and can be printed by date range.
If ever a payment discount is indicated on a Purchase Order and the user chooses NOT to take the discount when entering an invoice for the PO, the user will be asked to enter a reason for not taking the discount, which will also show on the report.
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