FrontAccounting forum — Correct way to handle supplier discounts

Re: Correct way to handle supplier discounts

null@example.com (seahawk) — Sun, 05 Jul 2015 10:29:49 +0000

Has this been resolved?

When you do the discount later, how will it reflect the impact on VAT? This will reduce the amount of Input Vat claimable?

Should this not be done when you do the Purchase invoice?

regards

Re: Correct way to handle supplier discounts

null@example.com (joe) — Sun, 28 Aug 2011 21:47:07 +0000

I guess it is easier to use the discount when doing the Payments.

/Joe

Correct way to handle supplier discounts

null@example.com (damiantaylor) — Sun, 28 Aug 2011 13:47:09 +0000

Is it best to add a quick entry called 'Discount' so when entering the Supplier Invoice I can enter the discount amount there like I do with shipping cost, or is it better to wait until the Payment to Suppliers stage where I can enter the discount into the discount field?