Magaya Software Accounting Manual

ACCOUNTS RECEIVABLE SPECIAL PROCEDURES
PROCESSING DISCOUNTS MANUALLY
Processing Discounts Manually
How to add a discount manually to an invoice:
1) Begin by creating the invoice as you normally would by filling in the fields
and adding the charges.
2) In the Invoice dialog box, click the “Accounts” tab (next to the “Charges”
tab).
3) Click the Add button. Select a discount expense account.
4) In the line, click the column “Account Name,” and select the expense
account for discounts. Note: In Magaya software 9.3 and higher, the
system includes a default “Discount Account.”
In the “Amount” column, click the space and enter a minus sign and the
number; for example, to offer a $1,000.00 discount, enter -1000.00 in the
column.
The Description and Entity columns are optional.
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