Early Payment Discount Accounting That Turns Payables into Profit Effective financial management is about more than tracking balances. By paying suppliers ahead of schedule to take advantage of discounts, businesses not only provide their suppliers with faster liquidity but also reduce their own cost of goods sold. What’s less obvious, but equally powerful, is how early payment discounts can improve working capital and boost overall financial performance. Read More:- https://hubpages.com/business/early-payment-discount-accounting-that-turns-payables-into-profit