Question: Sometimes a customer doesn't pay totally the invoice and he wants us to give him a discount. For example, the total invoice is 54 euros but he pays 50 euros and takes 4 euros as a discount. How to register this case in the system in order for the invoice to be shown as paid but at the same time, we know that there was a discount on the invoice.

Answer:

In the Payment Entry, enter values as follows.

1. Paid Amount as 50 EUR
2. Against the Invoice, allocate 54 EUR
3. This will leave to Difference Amount of 4 EUR
4. In the Deductions and Additional Charges table, select Income account or Discount Expense Account (as per your preference) to book 4 EUR there