Voucher - Accounting entry

[Seun]

Hi Seun

You can raise a supplier journal now - Dr Supplier Cr Other Income, and once you have made the purchase, go into Match Open Items and allocate the R500 to that invoice. (Technically, you aren't entitled to the discount till your next purchase, so you needn't accrue for it now - if you never purchase from them again, you haven't "earned" the voucher)
Another (probably simpler) option would be to simply put the R500 into the discount column in the cashbook when you pay that supplier. Entry goes to discount received and doesn't require any further processing.

Thank you very much.
The other income amount, is vat applicable?
Zero, Standard or Exempt?

Kind regards,
Seun