Difference between revisions of "Validating samples: Special cases"

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(Created page with "== Financial discount or discount for cash == In case of a financial discount the booking entry will be as follows: Example, for an invoice of net amount 100 € and financi...")
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Revision as of 16:37, 17 December 2013

1 Financial discount or discount for cash

In case of a financial discount the booking entry will be as follows:

Example, for an invoice of net amount 100 € and financial discount of 2%:

  • Net amount = 100 €
  • Taxable amount: 98 €
    • 100 € – 2%
  • Vat amount = 20,58 €
    • Calculation based on the taxable amount
      • 21% of 98 €
  • Total amount = 120, 58 €

2 Credit limit