Dear all,
On the Cash discount form, Discount percentage field -> the definition for this field is: "Enter the cash discount as a percentage of the invoiced amount."
Could you help to explain the term of "Invoiced amount" in Dynamic AX? At first, i thought this is the total amount of the Invoice, but look like this is the amount before tax? Because when i make the customer payment with discount, the based amount used to calculate the discount amount is Revenue amount.
- Example: let said i post 1 Free text invoice at 10/01/2017
DR: Customer code: 25200
CR: Tax: 1200
CR: Revenue: 24000
(Cash discount: 3% Net 5 Days)
- Post the customer payment at 10/04/2017
DR: Bank 24480
DR: Customer Cash Discounts Taken: 720 (automatically calculated) (= 24000*3%)
CR: Customer code: 24480
CR: Customer code: 720
I would very appreciated if anyone could help to explain.
Best regards,
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