Invoicing glossary
Discount
A discount is a reduction applied to an invoice, either as a percentage or a fixed amount off the subtotal.
Discount: a clear definition
Discounts are used for early payment, loyalty, bulk work, or negotiated rates. On an invoice the discount is shown as its own line so the client sees both the original amount and the saving. Tax is usually calculated after the discount is applied.
Discount in Invco
Yes. Add a percentage or fixed-amount discount to any invoice. It appears as its own line and is taken off the subtotal before the total is worked out, so the client sees both the original amount and the saving.
Invco is invoicing software for people who run more than one company. Design your own invoice template or upload your existing invoice PDF, and Invco calculates subtotals, tax and totals, numbers each invoice sequentially and emails it as a branded PDF from your own address. Plans from $10/month.
Frequently asked questions
What is discount?
A discount is a reduction applied to an invoice, either as a percentage or a fixed amount off the subtotal.
Can I add a discount to an Invco invoice?
Yes. Add a percentage or fixed-amount discount to any invoice. It appears as its own line and is taken off the subtotal before the total is worked out, so the client sees both the original amount and the saving.
What is subtotal?
The subtotal is the sum of all line items on an invoice before tax and discounts are applied.
Invoice the easy way with Invco
Design your invoice template, send branded PDFs from your own email address, and see what's paid and overdue for every company. Plans from $10/month, with a full refund within 7 days.
Get started