Re: Invoice Adjustments: Simple ways?

[Dieter S. <dsi...@sq...>]

Yes, the simple way is to add an expense account (Sales Discount) and
check the 'Deposit' box under 'Receivables'.

Now when you add a payment, you enter the amount the customer paid you in
your bank / cash account and add another payment with the difference using
the 'Sales Discount' account.

You can apply the same for vendor discounts, but you add a 'Purchase
Discount' account in the income section instead and flag it as a payment
account.


Dieter Simader    http://www.sql-ledger.org   (780) 472-8161
DWS Systems Inc.     Accounting Software       Fax: 478-5281
=========== On a clear disk you can seek forever ===========

On Sun, 6 Jan 2002, alta wrote:

> 
> What is the best way (simplest and quickest way) to adust the 
> monetary value in an invoice form.
> 
> For example, suppose a customer takes the 2% early-pay discount, or 
> they under-pay a small amount.  How do I easily adjust the sql-ledger 
> books to show the invoice fully paid?
> 
> This happens often, so I am looking for an efficient way with 
> sql-ledger.  In my previous system I had an invoice field for 
> adjustments, which was simple, clear, and fast.
> 
> In asking this question, I have a hunch my novice bookkeeping skills 
> are showing through.  Your suggestions appreciated.
> 
> Thanks ... Reed
> 
>