sales_credit:sales_discount-exports
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sales_credit:sales_discount-exports [2014/07/25 05:12] redwana created |
sales_credit:sales_discount-exports [2014/07/25 05:58] (current) redwana [2. POST Sales Discount - Export] |
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| + | ====SETTLEMENT Sales Discount - Export==== | ||
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| + | Once the sales discount for export is settled, Trade debtor – control A/C's sub account's credit available will deduct the discounted amount of money at the base currency and the following accounting entries are created. | ||
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| + | ^ GL Interface Type/[Account] ^ Account Usage ^ Sub-account ^ Currency ^ Dr ^ Cr ^ Notes ^ | ||
| + | ^ CASH AT BANK | Bank | | Prime | | Discount | | | ||
| + | ^ TRADE DEBTOR - CONTROL A/C | AR | Customer Account| Prime | Discount | | | | ||
| + | \\ | ||
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| + | =====Examples===== | ||
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| + | Export Sales: Say, ExchangeRate=1.5 BaseCurrency=SGD, Discount=USD5.00, Customer=CUS-000001. | ||
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| + | ===== 1. APPROVE (Sales Discount - Export)===== | ||
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| + | After approving the sales discount for export, customer credit available will get SGD7.5 amount. | ||
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| + | ====2. POST Sales Discount - Export==== | ||
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| + | After posting the sales discount, the generated vouchers will contain: | ||
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| + | ^ GL Interface Type ^ Sub-account ^ Currency ^ PrimeDr ^ PrimeCr ^ BaseDr ^ BaseCr ^ Notes ^ | ||
| + | ^ TRADE DEBTOR - CONTROL A/C |CUS-000001 | USD | | 5 | | 5*1.5=7.5 | | | ||
| + | ^ SALES DISCOUNT | | USD | 5 | | 5*1.5=7.5 | | | | ||
| + | ^ Totals ^ ^ ^ ^ ^ 7.5 ^ 7.5 ^ ^ | ||
| + | \\ | ||
| + | ====3. SETTLEMENT Sales Discount - Export==== | ||
| + | |||
| + | Once the sales discount for export is settled, customer credit available will loss SGD7.5 amount, and the generated vouchers will contain: | ||
| + | |||
| + | ^ GL Interface Type ^ Sub Account ^ Currency ^ PrimeDr ^ PrimeCr ^ BaseDr ^ BaseCr ^ Notes ^ | ||
| + | ^ CASH AT BANK | | USD | | 5 | | 5*1.5=7.5 | | | ||
| + | ^ TRADE DEBTOR - CONTROL A/C | CUS-000001 | USD | 5 | | 5*1.5=7.5 | | | | ||
| + | ^ Totals ^ ^ ^ ^ ^ 7.5 ^ 7.5 ^ ^ | ||
| + | \\ | ||
/srv/www/htdocs/wiki/data/attic/sales_credit/sales_discount-exports.1406265129.txt.gz · Last modified: 2014/07/25 05:12 by redwana
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