Accounts Receivable > Transaction Processing > AR Print Settlement Discount Notes

AR Print Settlement Discount Notes

You use this program to print discount debit and credit notes for settlement discount if these are required according to the tax regulations in your country.

A credit note is typically generated when settlement discount is processed against a customer payment, while a debit note is typically generated when a payment that includes settlement discount is reversed (i.e. when you process a negative payment).

Discount credit and debit notes indicate the settlement discount value and the tax portion applicable to the settlement discount value when an invoice is paid.

AR Print Settlement Discount Notes

Field Description
Print Option  
Type of discount note

Indicate the type of discount notes to print.
Reprint options Select this to print discount notes previously printed.
OptionDescription
Customer selectionIndicate the customer(s) for whom to reprint the discount notes.
Settlement discount note selectionIndicate the specific discount note(s) to reprint.
Alignment Select this to print discount notes using test characters to verify that the stationery is correctly aligned on your printer.
OptionDescription
Number of alignment pagesYou can select up to 5 test notes to print, one after the other. This enables you to check whether the information on each note is aligned correctly not only on the first page, but also on each subsequent page.
Print Select this to print or reprint the type of discount notes you selected.
Cancel Select this to exit the program without printing discount notes.

Notes and warnings

Prerequisites

  • You need to define a print format for discount debit and credit notes before using the Settlement Discount Notes program. The format is created using the AR Discount Notes Format program.

Program access

  • You cannot access this program when the Print credit or debit notes option is set to Never (Accounts Receivable Setup).

Restrictions and limits

  • If you enabled the Allow multiple invoices option for Credit or debit settlement notes (Accounts Receivable Setup) then a single note is generated for all invoice paid with a single payment.

    When this option is not enabled, one note is printed for each individual invoice paid.