How to Apply Discount in Sales and Purchases Transaction

How to Apply Discount in Sales and Purchases Transaction

Overview:

Discount column in Sales and Purchase transaction forms allows you to directly enter the

desired discount percentage or amount for each line item. The system will automatically

calculate and reflect the total discounted price in the transaction footer, updating the

overall total accordingly.

Procedure:

1. In the Navigation pane, go to Sales > Sales Invoices

2. In Sales Invoice list view, click Add

3. Fill-out the necessary Information,

● Customer

● Date

● Stock Item

● Stock Item Amount

4. Next, enter item and Discount %

For Example:

Subtotal: 6,850.00

Discount: Subtotal * 5% = 342.50

Taxable: 6,507.50

Tax: 780.90

Net Total: ₱ 7,288.40

Discounts can be entered as either a number or a percentage.

● Amount: Exact Amount

● Percentage: include the "%" symbol.

5. Once done, click Save

Note: Applying discount in other forms of Sales and Purchase transaction, follows a

similar process as demonstrated in the scenario.

Application:

In the Account Journal Entry, the discount has been deducted from the Sales Credit

amount.

For any further concerns on this matter, please contact support or submit a ticket through this link: https://support.qne.com.ph