About settlement discount.Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › About settlement discount.This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts November 4, 2021 at 6:43 pm #639932 hermelaParticipantTopics: 18Replies: 7☆Can we debit settlement discount on our payable ledger even if we know that we cant take the discount? November 5, 2021 at 9:10 am #639974 John MoffatKeymasterTopics: 57Replies: 54699☆☆☆☆☆No. It is only recorded as and when we actually take the discount. If we do not take it then it is not recorded.I do explain how it is dealt with in my free lectures.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In