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TRADE RECEIVABLES MANAGEMENT INVOICE DISCOUNTING

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › TRADE RECEIVABLES MANAGEMENT INVOICE DISCOUNTING

  • This topic has 1 reply, 2 voices, and was last updated 3 months ago by John Moffat.
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  • May 4, 2022 at 5:42 pm #654940
    ngoni95
    • Topics: 1
    • Replies: 0
    • ☆

    when calculating interest on new receivables who take a discount, do we deduct discount on the receiivables?

    May 5, 2022 at 6:35 am #654952
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 49993
    • ☆☆☆☆☆

    As I do state in the my free lectures on this, the examiner has not been consistent in his answers – sometimes he has done and sometimes he had not. However he has said that either will get the marks 🙂

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