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How we can calculate discount allocation percentage in our costing sheet?

i want to know accurate costing method for items which we quote to client?

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Question added by Sabahath Saba , Unit Manager , Salutary Avenue International
Date Posted: 2014/02/05
Habeeb Rahaman Punnakkal
by Habeeb Rahaman Punnakkal , Finance Manger , Telal Engineering & Contracting L L C

It depends up on the type of discounts; mainly there are two types of discount

1.       Cash discounts > No need to adjust this discount in the cost sheet because this discount is availing on the basis of financial decision

 

2.       Quantity discount .> this discount we can adjust in the cost sheet because this is on the basis of  purchase decision.  

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