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Post Info TOPIC: discounting a customer invoice sage
lubish


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discounting a customer invoice sage
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hello,

is it possible to discount a customer invoice with exact amount, not percentage.

regards,


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Wella


Expert

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Posts: 2256
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Hi

Ther are no rules to say you can't. The main thing is to ensure which type of discount you are talking about.

A trade discount, is just a sale made at less than the normal retail selling price. Normal VAT rules apply.

A cash, or early settlement discount, is for paying the supplier invoice promptly, and VAT is dealt with slightly differently.

Bill



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