PDA

View Full Version : Discount Allowed in the Debtor's Schedule


smilla
May 28, 2008, 05:24 AM
Hi there,

When taking the monthly totals from the debtors schedule and putting them into the cash budget, do I subtract the discount allowed for that months first, or is it shown as an expense in another budget?

Thanks.

delite
May 28, 2008, 09:02 PM
Subtract the discount allowed for that months first, it should not be shown as an expense in another budget?