Good morning,
Looking at my description of "How things get done now" I cannot believe that there is not a better way to do early settlement discounts. Can someone please tell me how to do early settlement discounts "automatically" in pastel, and, if it comes with any complications and/or difficulties?
How things get done now
- We ensure our supplier statements amount = age analysis amount
- Then we check our "Suppplier Discounts" spreadsheet to get the relevant discount % for a particular supplier
- We manually calculate the discount and amount we're going to pay into our "Pay these amounts" spreadsheet
- We pay the discounted amount
- At the end of the month, we give the "Pay these amounts" spreadsheet to our lady doing the cashbooks. She then manually puts these discount amounts into the cashbook
There's got to be a better way. Can anyone shed light on it for me, and perhaps even tell me where to look in the installed help file?
Many thanks,
Michelle
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