Automatically add Early Payment Discount on Customer Payment Receipts

Hello there, Ml_hmp.

I understand the benefits of automatically adding early payment discounts to your customer's payment receipts. In the meantime, I suggest sending request to our product engineering team so they can consider adding it to future updates. Here's how:

1. In the top navigation panel, choose Help.
2. Click Send Feedback Online, then select Product Suggestion.
3. A pop-up window will display, and you can now write a summary of your feedback. 
4. After that, you can now hit Send Feedback. 

If you want to edit the items in the list, you can reference this article for the detailed steps: Add, edit, and delete items.

Don't hesitate to leave a comment below if you have other questions regarding adding an automatic payment discount. We're always here to help.

I submitted this as a feedback request. Maybe if enough people request it, they will add it as an option. 

@ML_hpm QuickBooks does not have a built-in feature to automatically apply early payment discounts. This means that for each invoice, you still need to manually select 'Discounts and Credits' to apply the discount, which can become repetitive, especially when handling multiple invoices with varying terms.

This is where a QuickBooks add-on like Paidnice can help automate early payment discounts based on custom conditions and payment terms. Here’s how Paidnice could meet your needs:

• Automate Adding an Early Payment Discount: Set conditions to automatically apply discounts if payments are received before the due date. This feature eliminates the need to manually select 'Discounts and Credits' for each invoice.

• Configurable Terms by Invoice: For clients with varied payment terms (e.g., Net 10, Net 30, etc.), Paidnice allows you to set and apply these terms individually to each invoice. This way, early payment discounts are calculated based on the specific terms of each invoice without additional steps.

• Bulk Processing of Discounts: Process multiple invoices at once, applying early payment discounts automatically across all qualifying invoices, which saves you significant time and reduces repetitive actions.

• Transparent Reporting: View reports on all applied discounts, making it easy to track how much has been discounted and ensure it aligns with your financial records.

Using Paidnice, you can simplify your workflow, improve efficiency, and reduce manual tasks while ensuring customers benefit from early payment incentives. Let me know if you would like a quick demo, happy to help!