Discount type
Discount types allow you to define pricing classifications for Customer s (Debtors). Every Debtor created must be assigned a Discount type.
A Discount type is used directly in the calculations of discounts and prices used for items on a Sales quotation , Sales order or Sales invoice for this Debtor via the Discount structure facility.
A Discount type is used to group customers according to their pricing structure. For example, Discount types might include CASH, Trade or Tender. The Discount type is also used in the Discount structure form to give a finer level of discount control.
A Sales quotation and Sales order both require a Discount type to be entered that initially defaults to that of the selected customer. This discount type is then used in the calculation of prices for item on the quote or order.
A Discount type doesn’t have to be related to a Customer type for a Debtor, but it is often the case that they are. The two classifications are not related in any way within the system.
Features
- An unlimited number of Discount types can be defined in the system
Discount types form
Module: Accounts receivable
Category: Discount types
Activation: Main > Accounts receivable > Setup > Discount types
Form style: Multiple instance, SODA
Special actions available for users with Administrator permissions:
- None
Database rules:
- A Discount type cannot be deleted if it is referenced by any of the following:
- Debtors
- Sales quotation
- Sales order
Field definitions
Discount types
This displays the list of all Discount types that are currently defined. As you click on each item in the Discount type list, the details for that Discount type are shown at the right of the list.
When you are ready to Edit or Delete a Discount type, ensure that you have selected it in the list before clicking on the Edit or Delete button.
A Discount type is referenced throughout the system by its Discount type code .
Discount type code
Reference: Text(16), Mandatory, FlexiCode
This field is how the Discount type will be referenced throughout the system. For example, the Discount type code will appear in the Discount structure form as well as in the Discount type field on a Sales quotation , Sales order , or Sales invoice
Discount type name
Reference: Text(64)
This is the name given to the Discount type. Generally, most reports and filters will show the Discount type code for brevity, but the Discount type name exists for a more complete visual definition if needed.
The Discount type name is a FlexiCode. This allows you to modify the Discount type name while still retaining all previous internal references and links to that Discount type.
Discount type notes
Reference: Memo, Expandable
This field is used to provide more information for the Discount type. You could, for example, use this field to advise when or to whom a discount applies. This field, however, is not shown in a large range of standard reports.