Purchase invoice with discount

Purchase invoice with discount - which figures

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Hello - I need to post a supplier invoice. It is for £1,000 plus £200 VAT but then there is a 50% discount giving rise to the actual amount due of £500 plus £100 VAT.  Which figures should I post, the gross and discount or the net/payable figures please. Thank you

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By johngroganjga
15th Jun 2018 04:53

Assuming it’s an unconditional discount you post the discounted amount.

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By bernard michael
15th Jun 2018 09:40

Another one

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