Discount type

Discount types allow you to define pricing classifications for Customers (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.

  • An unlimited number of Discount types can be defined in the system

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

Reference: List, Read-only

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 .

Reference: Text(16), Mandatory, FlexiCode

Information is under review for a new version and will be updated soon.

Reference: Text(64)

This is the name given to the Discount type.

The Discount type 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.

Reference: Memo, Expandable

Information is under review for a new version and will be updated soon.

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