SALES TAX DISCOUNTABLE

This field is in the A/P Control File window.

If sales taxes are discountable, you can take a prompt payment discount based on the sales tax plus the amount due for goods or services. The following codes are available:

 

Code

  Definition

A

Always Discountable. In the New A/P Transactions window, the system will always include sales tax when calculating discounts.

X

Never Discountable. In the New A/P Transactions window, the system will never include sales tax when calculating discounts.

Y

Defaults to Yes. The New A/P Transactions window, the SALES TAX DISCOUNTABLE field will default to Y.

N

Defaults to No. In the New A/P Transactions window, the SALES TAX DISCOUNTABLE field will default to N.

This field is required.