Automation of discount or Early payment discounts.
Need an option to offer discount if the customer pays early.
Hi there,
In Zoho Invoice, you can set up a custom function and execute it using a workflow rule so that when the invoice is paid within the due date, the specified discount will be applied and if the invoice crosses the due date, the discount will be removed.
You can refer “Scenario 3” in the below link to know the exact script you can use to create the custom function.
https://www.zoho.com/invoice/help/settings/automation.html#custom-functions
If you have any questions on this, feel free to reach out to support[at]zohoinvoice[dot]com
Cheers,
Reshma.
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Possible Zoho Books User commented
How can this not be a feature of Zoho Books? Any company that tries to pay an vendor bill should have the option of taking an early payment discount, configured per vendor - 1%/10 NET 30, 1.5%/10 NET 30, etc.