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author's profile photo Former Member
Former Member

No line item for Cash discount in customer invoice

Hi Experts,

Can anyone please suggest with configuration details for customising the customer invoice, to display invoice with cash discount line item. Currently i have assigned the customer master data with payment terms to include cash discount of 10% on for invoice with credit period of 20 days.

Thanks in advance

satish

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2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Apr 15, 2011 at 02:49 PM

    How ur Posting the Customer Invoices.??

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 18, 2011 at 06:55 AM

    I think first thing you should be looking for is are you following net discount method or gross discount method . As that will define whether the posting of discount will be at invoice or when you post the payment document against that invoice. + you have to configure cash discount accounts before you can post in cash discount.

    Net: Cash discount clearing account and Cash discount loss/gain account (At the time of Invoice posting )

    Gross: Cash discount given and Cash discount recieved account (At the time of payment)

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