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EH Lim
Jun 28, 20161 min read
Prompt Payment Discount (Sales Discount)
A Sales Discount (or Cash Discount) is a discount given at the point of payment. It encourages prompt payment and helps in cash flow...
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EH Lim
May 19, 20161 min read
How to record a trade discount on MoneyWorks accounting software?
A Trade Discount is a discount given at the point of purchase. It reduces the list price as to encourage bulk purchase. In MoneyWorks,...
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