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Prompt Payment Discount

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Revision as of 04:01, 11 August 2025 by WikiSysop (talk | contribs) (Created page with "A prompt payment discount is a discount for paying an invoice early to encourage early payment. As this is a reduction in the sale amount the figures will need to be adjusted in the accounts to reflect the actual values and VAT due. There are two ways to show this: === 1) Seller Issues a Credit Note (AAT method) === === 2) Seller includes a PPD notification in invoice (Alternative) ===")
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A prompt payment discount is a discount for paying an invoice early to encourage early payment. As this is a reduction in the sale amount the figures will need to be adjusted in the accounts to reflect the actual values and VAT due. There are two ways to show this:

1) Seller Issues a Credit Note (AAT method)

2) Seller includes a PPD notification in invoice (Alternative)

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