Friday, 1 July 2022

 Earned and Unearned Discount in Receivables


Lets understand this in easy words


1. Earned Discount - Given to the customer if the payment is received before the payment term expiry. It is given according to the setup done.

2. Unearned Discount - Given to the customer after the payment terms expiry and if the discount is to be given intentionally over and above the invoice amount.

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