Is there a way I could configure an invoice on QF so a discount is applied if they pay sooner, but I don’t lose out ? (You can’t reverse calculate the same percentage discount.)
Example.
Original invoice £100
plus 20% = £120
£120 minus 20% = £96. So you lose out
So in the past when I invoiced manually I’ve used the discount calculation below.
This for a 20% discount
Intended invoice amount before discount = £129.00
Invoice sent to the client = £161.25
If the client pays before 30 days they can apply a 20% discount which goes back to £129.00.
A 20% discount means that the customer is paying you four fifths of the un-discounted price. Therefore to get from the discounted price to the full price you need to multiply by “five fourths” (1.25), so add 25%.
In nutshell, I want to be able to issue an invoice which the customer has the option to pay either the less amount , (if paid within 30 days). Or the higher amount if they don’t.