Canada Invoicing product at 0

[Martin99]

Hi,

Is it legal to invoice a product at $0 according to accounting standards and how?
We invoice many product on a single invoice and one of this product is free, so we invoice it 1 units at 0$.
Is it the way to do it or it should be on a different invoice and referenced?

 

[DrStrangeLove]

"Legal" and "according to accounting standards" are two different things. Accounting standards don't determine what information invoices contain.

Instead of invoicing the item at zero, you might include a line like "Trade discount extended" for the price of one item. The net cost to the customer will be the same, and the accounting treatment will be more obvious.