When saving a payment, you receive the error message "General Ledger Account for Payment Discount is Unknown." This message can have two causes. Read here how to solve this issue.

In MKG, debtor and creditor groups can be utilized. Financially, these relationships can be linked to different general ledger accounts for debtors or creditors.

The 'Payment Discount' table is used to create discount rules that are applied as a discount percentage in the Sales or Purchase module. A number of days is associated with the payment discount during which the discount is applicable.

In the Payment Transactions module, all payments and receipts are updated. Updating payment transactions is one of the four manual financial entries in MKG.