Here is my current situation: When I want to apply discounted payment for multiple vendor invoices, I have to manually calculate the discounted payment amount for each of the invoices. I want the system calculates the value and have the difference applies to the discount account and cut checks for the discounted amount. Here is an example. I have my first invoice for $500 for 3% discount ( pay term 0002), another invoice for $300. When I use tcode F-53, I have to enter discounted amount at the outgoing payment screen. I have hundreds of invoices I want to pay at once without manually calculating the discounted amount. How can I automate the process? Thanks
You need to setup cash discount in your system. Did you enter discounts in the payment terms? That would be the first thing to do. Next, you have to assign your GL Account in transaction code "OBXU" to automatically post to cash discount account.
Then, you should see cash discount amount automatically in the f-53 screen. Also make sure you have activated cash discount in the F-53 (there will be a icon to activate cash discount). Also make sure your invoices have the payment term.