With settlement Discount starting with the paid amount you will have to gross up the amount. As an example £ 1652.18 * 15% vat 247.82 totals £ 1900 then add back 5% settlement discount which when adding back use the fraction of 5/95th £100.00 = £ 2000 in total.
5% Gross Discount Net Vat Amount
Now try a reversal of the figures £ 2000 £ 100 1900 247.82 1652.18
-- Edited by Davey on Friday 14th of August 2009 06:21:15 AM
-- Edited by Davey on Friday 14th of August 2009 06:23:14 AM
-- Edited by Davey on Friday 14th of August 2009 06:24:40 AM
