Can early pay discounts be recorded at time of sales invoicing

[Former Member]

If a customer is invoiced on terms of 2% 10 days, Net 30 can the 2% be discount be posted upon invoicing? Desired resutls:

revenue = $100 credit

discounts = $2 debit

accounts receivable = $98 debit

Currently revenue and AR = $100 and discount is realized when customer pays.

[atif_farooq · Accepted solution]

Hi,

Yes it is always possible to do so. Many companies invoices their corporate customers on Net rate. Hence you can invoice your customer on such a rate which should be net of discount. I mean to say discount should be given in your case on the face of invoice. Ask your SD guy to do the job for you.

Regards