Accounting Ideas

Early Payment Terms

In Sage 50, we had the option to add a discount for early payments

Invoice due date is ex 30 days but 2% discount if paid in the first 14 days after the invoice is sent

this has been great for customers how take times to pay
and its better than setting a due date of 15 days since they call us to waive the late fees which they cant to with a discount

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  • Mar 13 2023
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