HOW DO YOU APPLY DISCOUNTS ON INVOICES?

 Hi all,

Discounts are one of the best tools to grab the attention of buyers as a business owner. I have used this technique to attract new buyers and sell more to my existing customers. It helps to increase sales and brings high profits that are effective in improving the cash flow. However, you need to make the adjustment in your invoices accordingly. First, you need to understand whether it is a cash discount or a trade discount and then you have to apply on the invoices. It is necessary to make the adjustment to GST as well. Here is an article that will explain this.    

https://www.agibookkeeping.com.au/how-do-you-apply-discounts-on-invoices/




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