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Cash Discount Lost and gain

Feb 10, 2017 at 10:13 PM

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Dear Experts,

I know that there are couple of questions which has flown earlier about cash discount lost and gain. However I did not get an answer how to consider both cash discount lost and gain. What I can see is either take the Net method to capture cash discount lost by accruing the discount at the invoice level or take the gross method to capture the cash discount gain. My requirement is to calculate both the discount lost and gain either in gross method or in net method.

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