A high-use vendor of ours (Guest Supply) just implemented a 2.5% price-increase due to Covid and the supposed need for additional resources to process check payments but will offer an electronic payment discount/credit of 2.5% right back if we pay online via their payment portal (vs. paying by check).
Our normal AP process is to enter the original invoice(s) into AP (which span several ledger accounts), have it posted/approved for payment and then send a check. In this new world, the last step would involve making the payment online at which time the applicable credit amount would be known. It'll also be known in total for the payment being made and not by ledger account or invoice.
How are others handling credits or payment discounts like these within M3 and/or within your AP entry process so as to not create issues with completing/balancing cash mgmt reconciliations?