📌 Brightflag does not apply discounts but instead verifies that vendors have correctly applied the VTD to their invoices.
📌 VTDs only apply to fees, not expenses.
📌 Discounts are validated based on the invoice date and must fall within the configured date range.
🔹 Automatically Recalculating a Discount
📌 If an invoice is adjusted after submission, Brightflag can automatically recalculate the discount to match the correct VTD percentage.
📌 Important: This feature must be enabled by Brightflag Tech Support. Contact your Brightflag CSM to enable it.
📌 When Does Brightflag Automatically Recalculate Discounts?
| Scenario | Example | Recalculated Discount |
|---|---|---|
| Flags Adjustments | A $1,000 invoice has a 10% VTD. A $250 reduction via flags recalculates the discount. | Discount is $75 (10% of $750). New total: $675. |
| Invoice-Level Adjustments | A $1,000 invoice with a 10% VTD is reduced by $250 at the invoice level. | Discount is $75 (10% of $750). New total: $675. |
| Line-Item Adjustments | A $1,000 invoice has a $100 line item reduction. | Discount is $90 (10% of $900). New total: $810. |
| Combination of Adjustments | A $1,000 invoice has a $250 flag adjustment and an additional $150 reduction in line items. | Discount is $60 (10% of $600). New total: $540. |
💡 Recalculation Formula:Recalculated VTD Amount = (Total Fees - Adjustments) * VTD %
🔹 Final Invoice Calculation Formula:(Total Fees - Adjustments) - Recalculated VTD Amount + Expenses + Taxes = Total to Pay
🔹 Upcoming Discount Features
Brightflag is working on new discount functionalities, including:
✔️ Excluding specific matters from the VTD feature (e.g., AFAs or Fixed Fees).
✔️ Currency selection for Volume Trade Discounts.
✔️ Configurable discount date ranges based on billing period start or end dates.
📌 Brightflag will notify users once these features are available.