Invoices and discounts
Build an invoice from line totals to the gross amount, take off trade, bulk and prompt payment discounts, and check a supplier's invoice before it is paid.
See the first roomHow to work out an invoice total with VAT
Rooms in this module
How this works
Each room answers one problem. A task is a few lines of reading, then questions you answer in the books: post to an account, type a figure, sort, match or write a journal. Every answer is marked at once, with the rule behind it. There are no videos.
Words in this module
- Prompt payment discount
- A prompt payment discount is offered to a customer for paying early. It is only earned if the customer does pay early.
- Trade discount
- A trade discount is a percentage taken off the list price. It comes off on the invoice, before VAT is worked out.
Questions
How many rooms and questions are in Invoices and discounts?
5 rooms and 44 questions. Every question is marked at once.
How long does it take?
About 43 minutes in all. A room takes 7 to 10 minutes, so you can do one at a time.
Is it free?
No. These rooms need Premium. Each room shows the start of its first task before you pay.
What should I do first?
Business documents. It is the module before this one in Business documents and transactions.