Retail
Staff / Employee Discount Sale
Recording a sale where a staff member purchases goods at a 30% employee discount.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Hand | Asset (+) | 81.40 | - |
| Staff Discount Expense | Expense (+) | 34.88 | - |
| Sales Revenue (Full Price) | Revenue (+) | - | 100.00 |
| VAT Output Tax Payable (16%) | Liability (+) | - | 16.00 |
| Cost of Goods Sold | Expense (+) | 55.00 | - |
| Merchandise Inventory | Asset (-) | - | 55.00 |
💡 Accountant's Note
Revenue is recorded at the full retail price. The employee discount is a staff benefit expense, not a revenue reduction. This keeps the gross margin analysis clean and tracks the true cost of the benefit.
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