Cash/settlement discount

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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July 10, 2018 at 2:41 am #461459
zony123
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Sir can you please tell me if the customer is not expected to take up the discount and subsequently does take up the discount so how to treat this discount as an expense or as an reduction in revenue amount??

Thanks in advance
July 10, 2018 at 6:30 am #461472
John Moffat
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It would be treated as a reduction in the revenue.
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