We give customers a prompt payment discount.
It would be great if we could print this on the invoice. For example, "Total if Paid Before…” I have seen other companies do this on their bills. I...
I would love to see the early payment discount clearley displayed and explained on invoices printed and on the new online invoices that are emailed. I think debtors would pay more promptly if this was included. I realise that it shows the discounted amount on the online invoice, but there is not explination re cutoff dates or mention that the reduced price is actually a discount for early payment.
I have recently just started to offer this early payment discount to my customers, but subsiquently realised that this discount isnt shown on the invoices ... which I find to be pretty rediculous really, the options of customising the forms arent even an option as the field are just not there to add??
Having trawled through the community group postings, this has now been requested for years I think 2011 / 2012 was the first posting I saw requesting this GUYS ITS NOW 2016 ... yet here we are still asking and still no result.
This really is such a basic feature that a lot of accounting packages have built in as standard.
We cannot rely on our customers to calculate and take the discount off as they always get it wrong.
If a feature like this is available in MYOB (which is it is, all the options are there in the card file) why has it not been fully followed though?
You advertise that MYOB is designed to make accounting and getting paid faster, well adding this feature is a sure way of doing this for a lot of companies, especially those companies who are producing 100's of invoices a month