All --
I just posed a seemingly simple question on discount method, but this has led to a broader thought/question...under the first scenario (we apply an x% discount, and each line item on the received is discounted by x%), I guess what actually happens is that the recorded sales margin for each item (and thus the items overall profit margin for reporting purposes) is affected or skewed vs. showing that the customer is paying the "normal" price for the items, but then just giving them an overall discount applied to the total amount of the purchase (not any line items), which can be consolidated under it's own GL code/category for tax purposes, reporting, etc. Does this makes sense to anyone? How are you all doing it?
Regards,
Rich