Skip to Content
author's profile photo Former Member
Former Member

Discount

Hi All,

How to handle discount in following case thro' PO

PO 10000 USD

GR 10000 USD

IV 10000 USD Complted.

Then,

Discount 200 USD .

Thanks,

Vivek

Add a comment
10|10000 characters needed characters exceeded

Related questions

2 Answers

  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on May 21, 2009 at 11:23 AM

    Hi,

    According to your query, if you have processed the IV also then to Post the discount recieve from the Vendor you can do the Subsequent Debit for 200 USD in MIRO transaction for a specific G/L account.

    You can mention the PO/Delivery note as the reference for posting this Subsequent debit.

    Then the account entries will be

    Vendor account --200 USD

    Discount recieive a/c --200 USD

    rgds

    gsc

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on May 21, 2009 at 11:17 AM

    Hi

    If invoice is already posted then use subsequent credit to accept vendor discount, if not there is cash discount section under payment tab in IV - you can use it for discounts.

    Thanks

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.