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  1. How to Apply a Discount to an Invoice | SumUp Invoices

    • A trade discount is a percentage or dollar amount taken off of the item price or the invoice total. For example, the standard price of a product is $20, and the discounted price is $15, or a 10% discount is tak… See more

    What Is A Cash Discount?

    Cash discounts are an incentive for customers to pay their invoice early. Unlike trade discounts which offer a reduction in a product or service’s price, cash discounts offer a sma… See more

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    How to Apply A Trade Discount to An Invoice

    Any discount you apply to a sale needs to be clearly stated on the invoice. Trade discounts can be … See more

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    How to Apply A Cash Discount to An Invoice

    Cash discounts are stated in the following format: 5/7, net 30. In this example, the customer would receive a 5% cash discount if the invoice is paid within 7 days. Otherwise, … See more

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    Discounts and Sales Tax

    If your business is registered for tax, you’ll need to issue tax invoices to your customers. Discounts are fairly straightforward when it comes to sales tax: discounts c… See more

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