Hello dear community,
I have a quesation about vendor cash discount: it should be calculated from gross invoice amount and the tax should be posted separately.
For example: we have vendor invoice 1190€, cash discount (10 days 1%) should be 11,90€.
We pay to vendor 1190€ -11,90€=1178,10€.
The cash discount should be posted like:
Accounts payable 11,90
vendor cash discount -10
VAT tax receivable -1,90 (VAT 19%)
Instead, it posts the whole 11,90€ on cash discount account, without separating the tax receivable:
Our current setup is:
Do you have any idea, what we are missing? is there some extra parameter in setup, that defines, that the tax from cash discount should be posted separately?
I found the blog post of Ludwig and we have done the same setup to get this posting of Ludwig, but somehow it doesn't work with our setup:
https://dynamicsax-fico2.com/2016/05/03/einige-hinweise-zur-buchung-von-kreditorenskonti/#respond
Ludwig Reinhard could you please take a look at the problem?
Thank you so much!
Hi Jule,
Thanks for informing that the problem is solved. For other persons with the same question in future, are you able to provide information what caused the wrong behavior in your environment?
Problem solved. Topic can be closed.
André Arnaud de Cal...
292,111
Super User 2025 Season 1
Martin Dráb
230,934
Most Valuable Professional
nmaenpaa
101,156