Concur Invoice - Vendor Discounts

[sjohnson]

Looking for some input on handling vendor discounts.  We have vendors that we pay early to take advantage of early pay discounts.  Concur Invoice does not have the ability to capture, calculate the discount and adjust the payment date.

We've set up an audit rule to call out the Vendors with discounts and have changed our Vendor's payment terms so the payment date will automatically adjust.  However, we have to manually calculate the discount and reduce the total amount of the payment request.

Has anyone else had this issue and found a better way to handle?

[cjselectric5]

Hello I’m trying to figure this invoice automated service has want to know when be receiving payment 

[KevinD]

@cjselectric5 Concur Invoice is for sending payments to vendors, not for receiving payments. Are you asking about an expense report reimbursement, possibly?

[Sthomas]

This impacts us too and is a complete pain. We process hundreds of invoices a month that we have to manually calculate the discount on and then change the amount on the invoice.

[StacyH]

Hi @sjohnson, 

We have some clients who request a custom field on the invoice header in which they enter the discounted invoice total amount. If you decide you want to do this, please create a Support Ticket to request Concur to add a field for this. You'll want to work internally with the team at your company who handles posting the invoice data into your accounting system so they are aware of this change to the fields & the data coming out of Concur so they can make modifications to post the correct amount for the correct invoice.