offsetting between revenue and expenses. Home › Forums › ACCA Forums › DipIFR forums › offsetting between revenue and expenses. This topic contains 0 replies, has 1 voice, and was last updated by Mohammed 3 years ago. Viewing 1 post (of 1 total) Author Posts November 9, 2014 at 2:56 pm MohammedParticipant Hi, when you purchase goods from supplier and after limit of purchasing you will get discount ( gain ), in this case the standards permit to offsetting the discount with the purchasing . Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic.