We offer early pay discounts to customers. Sometimes a customer may take a deduction (for damaged merchandise, etc.) and therefore their payment will not be for the full invoice amount. The NAV payment process does not recognize a deduction being taken and therefore the early pay discount cannot be applied. After the payment is applied using the Dynamics NAV Deposit function, an open balance remains that is comprised of the early pay discount plus the deduction amount. The Dynamics NAV Cash Receipts Journal is used to process the early pay discount and a credit memo is used to handle the deduction.
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