Add or Change Early-Payment Terms Received From Vendor

1. Open the Options tab in the vendor record. How?
   1. In the Home window, click Vendors & Purchases on the navigation pane.
   2. In the Tasks pane, right-click the Vendors icon and select Modify Vendor from the menu.
   3. Select a vendor from the list and click OK.
   4. Click the Options tab.
2. In the Early Payment Terms section, enter:
• the discount rate
• the number of days within which an invoice must be paid to receive the discount
• the number of days within which the full amount of an invoice must be paid
3. (Optional) If you want Sage 50 Accounting to calculate the discount without including the sales tax, select the Calculate Discounts Before Tax check box.
4. Click Save and Close.

1. Enter a vendor purchase invoice.
2. Depending on the payment method you have selected, there are different ways to enter the payment terms or early-payment discount:

Pay Later

Cash, Cheque, or Credit Card