7. Early Payment Discount
From TrueERP wiki
Early Payment Discount
Early Payment Discount - Where do you place an Early Payment Discount for Customers?
While setting the terms there is an option which says Early Payment Discount according to which if a customers pays the due within the defined terms then he will get this much of discount as mentioned here.
For example: the early payment discount is 5% and the terms are 14 days. If the customer is under 14 days terms and pays his dues before 14 days he is eligible to get 5% discount on total.
