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Add negative value items to invoices or quotations

Created on  | Last modified on 

Summary

In Sage 50 Accounts, you can add negative value items to product invoices and quotations.

Description

You can do this by using the special product codes S1, S2 and S3. You can also add negative lines to service invoices.

You can add negative value items to quotes that convert to invoices only.

 

 

TIP:

The standard invoice layouts available with Sage 50 Accounts automatically show the negative item lines. If you use a customised invoice layout, you can edit it to show negative item lines.

Resolution

Crete your invoice or quote

  1. Create an invoice or quotation as normal.
  2. Select the next available item line then for a service invoice, enter some details and press F3. For a product invoice, press the arrow and double click a special product.
  3. Select the Make negative checkbox.
  4. For the Unit Price, enter the amount as a positive value.
  5. Complete the item line details, then press OK.
  6. Enter any other items as required.
  7. Press Save then Close.

NOTE:

The negative items mustn't exceed the total value of the positive items on the invoice. Under the VAT Cash Accounting scheme, the total value of negative items per tax code must not exceed the tax code's total value.

 

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