Topic: No discount option on Supplier or Direct Supplier Invoices
Why is there no discount option on Supplier or Direct Supplier Invoices global or per line item?
How do we indicate these discounts received?
Wynand
- MacKenzie
- Senior Member
- Offline
Re: No discount option on Supplier or Direct Supplier Invoices
The purchase discount isn't working? Mine works. Explain more please.
seahawk wrote:
Why is there no discount option on Supplier or Direct Supplier Invoices global or per line item?
How do we indicate these discounts received?
- seahawk
- Senior Member
- Offline
Re: No discount option on Supplier or Direct Supplier Invoices
I do not know if it is a language "South African English" issue or what. FA 2.4.14
When you do a Direct sales/ Direct invoice/ your first line item headings Column from left to right are:
1. Item Code
2. Item Description
3. Quantity
4. Unit
5. Price after tax
6. Discount%
7. Total
8. Add item.
On Purchases/ Direct Supplier Invoices/ columns are L2R:
1. Item Code
2. Item Description
3. Quantity
4. Unit
5. Price before tax
6. Line Total
7. Add Item
No discount option.
Wynand
Re: No discount option on Supplier or Direct Supplier Invoices
@seahawk
Have you considered adding a GL Item to the Supplier Invoice. The Discounts Received account is 5060 in the demo COA (US COA). With this you can add Total Discount to invoices but not to direct ones. Give it a try. I like it.
5 02/05/2023 04:35:16 am (edited by MacKenzie 02/05/2023 04:35:54 am)
- MacKenzie
- Senior Member
- Offline
Re: No discount option on Supplier or Direct Supplier Invoices
As a seller, you can of course provide a discount to a purchaser, hence #6 in Direct Invoice.
As a purchaser, you do not get to set the discount so it's irrelevant. In the States, your cost is your cost. Vendor A sells Wiget X for $20. Vendor B sells Wiget X (similar) for $22, but discounts it $2. I'm really not interested in tracking "so called" discounts on items purchased. Sales is a different story.
Cheers.
seahawk wrote:
I do not know if it is a language "South African English" issue or what. FA 2.4.14
When you do a Direct sales/ Direct invoice/ your first line item headings Column from left to right are:
1. Item Code
2. Item Description
3. Quantity
4. Unit
5. Price after tax
6. Discount%
7. Total
8. Add item.On Purchases/ Direct Supplier Invoices/ columns are L2R:
1. Item Code
2. Item Description
3. Quantity
4. Unit
5. Price before tax
6. Line Total
7. Add ItemNo discount option.
- seahawk
- Senior Member
- Offline
Re: No discount option on Supplier or Direct Supplier Invoices
In RSA you have to declare Discounts received from a supplier and discounts Given to Clients.
Wynand
- MacKenzie
- Senior Member
- Offline
Re: No discount option on Supplier or Direct Supplier Invoices
OK, if it's needed by the "gumment", but on the Purchases tab it has a "Purchase Discount Account". This won't work??
Accounts Payable Account:
21010001 Accounts Payable
Purchase Account:
Use Item Inventory/COGS Account
Purchase Discount Account:
seahawk wrote:
In RSA you have to declare Discounts received from a supplier and discounts Given to Clients.