Journal entries and adjustments · Guide 138 of 624
Discounts allowed and received
Track discounts you give customers and discounts suppliers give you in separate accounts in RockifyERP.
How to do it in RockifyERP
- Create Discount Allowed (expense) and Discount Received (income) accounts.
- Set them in discount accounting settings, or use them in payment deductions.
- Run the profit and loss report to see the totals.
Tip: Watch Discount Allowed monthly. It’s often the first sign of margin pressure.
Need more help with RockifyERP?
Can’t find what you’re looking for? The RockifyERP support team can walk you through it. Contact RockifyERP support.