Results 1 to 7 of 7

Thread: Discount on Pastel Invoices

  1. #1
    New Member
    Join Date
    Oct 2016
    Location
    Pretoria
    Posts
    5
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Discount on Pastel Invoices

    Good day
    Currently my Customer invoices show Disc %. Is it possible to Change it to a R value?
    tx

  2. #2
    Bronze Member
    Join Date
    Aug 2018
    Location
    Johannesburg
    Posts
    120
    Thanks
    0
    Thanked 26 Times in 23 Posts
    Hi Annelise

    You can change the invoice layout to give you "Unit price before discount" and "Unit Price after discount", but I can't find a database field for line item discount amount in the forms designer, so I think the answer is no. Maybe someone else has a solution.

    If you wanted to change as per the above, you would use "Line Item Unit Price" and "Line Item Nett Amount Per Unit" fields from forms designer. You could also leave the discount% field between them on the invoice.

  3. #3
    Junior Member
    Join Date
    Dec 2015
    Location
    Rustenburg
    Posts
    17
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Good day,

    I would like to introduce rounding onto my invoices. In other words the balance owing will be rounded down to the nearest 10. How can I show this on the invoice and to which ledger account do I send the amount rounded?

    Regards

  4. #4
    Junior Member
    Join Date
    Dec 2015
    Location
    Rustenburg
    Posts
    17
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Quote Originally Posted by Annelise View Post
    Good day
    Currently my Customer invoices show Disc %. Is it possible to Change it to a R value?
    tx
    I picked up that on our invoices we show the %-age and amount. The database field used for the amount is "Overall Discount Amount". This can be changed on the Forms Designer. Hope my comment is applicable.

  5. #5
    Bronze Member
    Join Date
    Aug 2018
    Location
    Johannesburg
    Posts
    120
    Thanks
    0
    Thanked 26 Times in 23 Posts
    Go into Setup - Customer Control. There is a rounding Tab. Select round Down, choose the GL account you want to send the rounding to (either create expense account/COS account for rounding) and select round to the nearest 10. The last line on the invoice when printed will show the GL account and the rounding amount.

  6. #6
    Junior Member
    Join Date
    Dec 2015
    Location
    Rustenburg
    Posts
    17
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Thank you Keith. Any specific GL account or any number as long as it is an expense

  7. #7
    Bronze Member
    Join Date
    Aug 2018
    Location
    Johannesburg
    Posts
    120
    Thanks
    0
    Thanked 26 Times in 23 Posts
    Yes. You can create a Rounding account in the GL. It would either be an expense, or a Cost of Sales account, depending on how you want it reflected in the Income Statement. Due to the fact that the discount is processed at time of sale, I would suggest treating it as a cost of sales account.

Similar Threads

  1. Processing a Quotation with a Discount on Pastel Xpress
    By Grashan in forum Business Finance Forum
    Replies: 1
    Last Post: 28-Sep-16, 06:44 AM
  2. [Question] Pastel Supplier Invoices Matching - Remove Credited Invoices
    By steffie250 in forum Accounting Forum
    Replies: 6
    Last Post: 10-Mar-15, 01:23 PM
  3. Applying discount after invoice - Pastel
    By Raene in forum Accounting Forum
    Replies: 9
    Last Post: 04-Sep-13, 10:53 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •