Skip to Content
0
Former Member
May 29, 2013 at 10:38 AM

Cash Discount Calculation on Residual Payment

205 Views

Hi,

I have posted a Customer Invoice of Rs.50000 with Payment Term Z001 (Cash Discount @1% if pay withing 15 Days).

Now I am going to post an Incoming payment entry before 15 days with Residual Clearing of Rs.30000.

Now system should calculate Cash Discount @1% i.e. Rs.300 & create a new line itme in Customer ledger of Rs. 20000 simply.

But system is calculating the CD of Rs. 303.03 & creating a new line item of Rs. 19696.97.

Is it possible to get the desired calculation of Cash Discount i.e. Rs.300 only?

Regards,

Hitesh