Skip to Content
0
Former Member
Oct 03, 2011 at 05:30 AM

Periodic discount accounting for accounts payable

12 Views

Hi,

In case company is entitled for predefined vendor discount based on slabs & client wants to book the same based on invoice wise.

For example :-

1. If volume upto 100000 then 1%discount on whole amount.

2. If volume upto 200000 then 2% discount on whole amount.

How to record such senario.

Thanks & Regards,

Vishal