Supplier Discounts

Discounts

  1. The optional supplier terms are 2% 10, which means if payment is made in myUFL within 10 days, a 2% discount may be taken.  Otherwise, total payment is due in 40 days
  2. The amount of the payment to the supplier should be entered into the voucher at the total amount due
  3. The discount taken can be viewed in a voucher in myUFL (PeopleSoft) by selecting the “Payments Tab” and the discount will be displayed in the “Payment Details” box

Toolkits

UF HR Toolkit – myUF Marketplace

UF HR Toolkit – Paying Suppliers for DSOs

Contacts

Disbursements: (352) 392-1241

Directive Statement

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