I am new to ERPNext… I created a sales order and gave one of the items a discount via Discount and Margin. After submitting the Sales Invoice, I checked the GL entries it created and showed me the following:
AR 100 (Debit)
Tax 10 (Credit)
Sales 90 (Credit)
No entry was created for the discount I gave. Is there a way to make the GL transactions reflect the discount given? This will enable the Accounting team determine the discounts given just by checking the GL. Entries may look like something like this:
Hi! Thanks for the reply. I went to the Selling Settings but unfortunately I cannot find the Transaction Settings. Maybe I’m a bit lost being new in ERPNext, can you please guide me further. I am on ERPNext v13.0.1.
Thanks.