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Sales Discounts

Published on Dec 08, 2015

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PRESENTATION OUTLINE

Sales discounts

mr. melkonian

cash discount

reduction of bill if payment is made on or before x date - why do this?
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terms of sale

arrangements made with customers when discount can be offered
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c.o.d.

cash on delivery 

on account or charge

full amount due - usually within 25 days
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30 days or net 30/60d-n60

full amount due 30 days after
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2/10, n/30

2 percent 10, net 30 - values can change!!

terms of sale depends on reputation

and reliability of paying

new customers might have to c.o.d. for a while

until they can build some street cred

late discount

no one likes a cheapo

discount earned account usually has lots of entries

everon wants to take advantage of the sale

not all businesses offer discounts

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