Hello I have just notice something with the early payment discount. i created a sales invoice with an early payment discount. the value is 1000 and the early payment discount is 5% that is 50 meaning the customer was suppose to pay 950 if he respect the terms. but when i record the payment with 950, it shows that the customer still owes 50 which is the early payment discount. when i record the full amount 1000 in the receipt, it balances and adds 1000 to the receipt but i think the receipt was to be the net that is 950 not the total 1000.
An secondly the discount is not recorded as an expense. i think it will be better that when a customer respects the duration for the discount the expense account for the cash discount should be recorded as an expense automatically.
Hi, everyone.
I HAVE THE SAME PROBLEM AND I CAN’T FIND THE GUIDE THAT TELLS ME ABOUT HOW TO RECORD THE RECEIPT TO BALANCE THE AMOUNTS.
i recorded an invoice with early payment discount, the customer payad two days after the invoice is send to her. Then recorded write a receipt for her. but it says she has a balance due.
If you’d followed the same link in my post prior to your post a year later you would not have to post anything here. Please follow the forum guides at https://forum.manager.io/faq:
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Indeed, it used to be the proper one but when they issued new guides they made the old ones on www2… rather than … I just corrected my older post to read www2. Thank you!
