I have a supplier who offers 3% discount on early settlement of their bills. is there a way to apply the discount when i post the payment?

Hello Pj-Saddler, thanks for posting on the Community page, so there is no way to automatically apply the discount on the bill payment. what you will have to do instead is create a supplier credit note for the 3% amount off and in the note state it is for a discount off early payment and apply that to the bill payment each time you settle early.

Thanks for the clarification, that saves me going round in circles.  

Hello Rainflurry,

Thank you for sharing your input to help address the issue. We love to see members supporting one another! Have a great day.

Rainflurry. As of June 2024, Has Intuit fixed this issue in QBO and added an option for early payment eg (1%, Net 30 Days)? The lack of this feature is the main reason I haven't switched to QBO. We have suppliers that provide terms with an on-time payment discount. This should be something easy to them to add. Otherwise a credit needs to be created for each invoice payment. I suppose that would work but it's a shame that they don't add this feature that has always been in Quickbooks Desktop.

How has this still not been added?  To calculate and create a credit to use against an invoice is too time consuming.  From what I can gather from reading through issues with QBO vs the desktop version, QB is trying to force everyone to migrate to online but, they don't want to make it as user friendly as the desktop version.  It is starting to feel like the forum is a place to vent, not a place to find solutions.  Is a solution to this particular issue even in the works?