How To Do A Settlement For Discounts Only [Quick Tip]

Sometimes you want to invoice for discounts while the grain is still in storage or on deferred pay. This is how you would produce the settlement for those bushels.

If you wish to settle for storage or DP charges, you will need to go through GRN>Storage Charges and have them added to the delivery sheet. Directions can be found here.

The grain in storage needs to be on a delivery sheet.
Go to GRN>Settlements>Produce Settlement. Enter commodity and name id for the grain in storage.

3. Select Settlement for existing discounts.

Final settlement is intended to pay for the grain after it is hauled in and priced.

Advance settlement is intended to give an advance on grain not yet hauled in or not yet priced.

Settlement for existing discounts is intended to invoice discounts on grain that is not ready to final settle.

Settlement for New Discounts is intended to invoice or pay discounts/premiums that were missed at final settlement.

Simulated settlement is intended to give you a printout of what the settlement would be if priced and settled now.

4. Enter parameters as needed or hit ok.

5. Select delivery sheets and hit continue.

6. The settlement now displays the discounts owed. You can edit as needed.

7. Continue with the settlement, selecting AR Invoice as a Settlement Option.

8. Enter Invoice information as needed. The description defaults as Discount Settlement and Commodity.

9. The invoice can now be found under ACR in Account Balance Inquiry.