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.
How Invco helps
Invco is an AI invoicing assistant that handles discount and the rest of your billing for you. Design a custom invoice template, then let Claude create and send invoices on it in plain English — with subtotals, tax, and totals calculated automatically and every invoice tracked from sent to paid. Start free with one company.
- Related terms: Subtotal, Credit note
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.
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
Let an AI assistant create and send your invoices on a template that looks like your brand. Start free with one company — no credit card required.
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