Configuration: Discount
Use the Discount screen to add a new Discount code to the system or edit an existing discount code.
To open the Discount screen, navigate to Configuration > CRM > Taxes Discounts > Discount.
The fields appear on the Discount screen are:
| Field | Description |
|---|---|
| Code |
An alphanumeric code used to define the discount code. Up to nine (9) valid discount codes can be defined on this screen, using codes 1 through 9. Alpha characters are reserved for exempt discount code definitions (e.g. X" to denote that discount should never be given, etc.). |
| Location | The location where the discount code is currently used as a valid code. |
| Description | A brief description of the discount code. |
| Discount % |
Specify the percent that this discount represents. |
| Type |
Select how this discount code will be applied: Subtract from Selling Amount— calculates the discount based on the list (e.g. selling) price of the product. The discount calculated will be subtracted from the list (selling) price to arrive at a new selling price. Add to Net Amount—calculates the discount based on the net (e.g. cost) price. The discount calculated will be added to the net (cost) price to arrive at a new selling price. A discount based on the net can be used only in the Parts module. It is not possible to give a discount based on the net price (e.g. cost) in the other modules. |
|
G/L Accounts |
For each of the invoicing modules, enter the General Ledger account to which the discount amount should be posted. Only the discount amount for the discount codes based on list (e.g. Selling) price will be posted to these accounts. No amount is posted for a discount added to the net (e.g. Cost) price. Enter or selectAccount, Rental Account, Labor Account, Parts Requisition Account, Equipment Invoicing Account and Sales Order Account. |
| Active For System |
Controls whether the discount code is active for use within the system.
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Use these buttons to complete your work on the Discount screen:
| Button | Function |
|---|---|
| Save | Saves changes made to the Discount screen. |
| Copy |
Copies a discount code. This button appears only by accessing the Discount screen by clicking a discount Code. |
| Save & New |
Saves a newly added discount code and refreshes the Discount screen, allowing you to add another discount code without closing the screen. This button appears only by accessing the Discount screen by clicking the Need to create a new discount? Click here to add link. |
| Save & Next |
Allows you to save any edits/changes made to the selected discount code and scroll through to the next discount code in the list to apply any edits/changes. This button appears only by accessing the Discount screen by clicking a discount Code. |
| Close | Closes the Discount screen without saving changes and returns to the Discounts screen. |