Discounts and Credits -- NOT intuitive and NOT correct

Posted by L on August 19, 2008, 9:21 am

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We have vendors that offer a discount for early payment. The discount amount
shows in the terms, but our preference is NOT to automatically apply
discounts. Reason: the vendor discounts the STATEMENT, not the individual
bills.

With our current 2007 version of QB contractor edition our bills/credits
were not being applied correctly - and some bills stay on the bill payment
screen. After examining, I found out why.

When you select a bill and apply a credit - QB NOW CALCULATES AND APPLIES A
DISCOUNT --- EVEN IF your preference is NOT TO AUTOMATICALLY APPLY
DISCOUNTS/CREDITS.

The discount that was 'suggested' changes the listed amount to pay... but
the preference to not apply discounts is in use, and somehow, and I am not
sure just how, bills remain as unpaid. This, even though the bill payment
check matches the vendor statement. I have to check with the data entry
person to see if something 'corrective' was done to match up the bill
payment check with the statement - which would explain the apparent lack of
an error. But, still, discounts SHOULD NOT BE APPLIED automatically by QB if
that preference is off. The "SET CREDITS" button should not set credits AND
discounts.

End of rant.