Hello Magazine in Suffolk, thanks for posting on the Community page, so recurring templates are only available on the higher version as for the discount prompt,
Here's more information on it .
The prompt payment discount is only applicable if the payment is received on or before the specified due date. Once that due date passes, the discount is no longer available, and the full invoice amount becomes due.
In QuickBooks Online (QBO), the prompt payment discount is only applicable if the payment is received on or before the specified due date. Once that due date passes, the discount is no longer available, and the full invoice amount becomes due.
Here's a breakdown of how it works:
When creating an invoice:
1. You have the option to specify a "Discount" percentage and a "Due Date" for payment.
2. If you set a discount, it will automatically appear on the invoice as an incentive for the customer to pay early.
When receiving a payment:
1. If the payment is received on or before the due date, QBO will automatically apply the discount to the outstanding balance.
2. The customer will only be charged the discounted amount.
3. The discount amount will be recorded as a separate line item on the invoice, reducing the invoice total.
If the payment is received after the due date:
1. The discount will no longer be available.
2. The customer will be required to pay the full invoice amount.
3. The discount line item will disappear from the invoice, and the invoice total will reflect the full amount due.
