How to apply Discounts to Sales Documents
There are two methods:
This method discounts the line item by the discount percentage entered into the Discount column in the respective row. The discount is not posted to the General Ledger.
How the discount is applied is configurable:
Choose and preset:
- Using Unit Price/Cost
- Using Total Pre-tax amount
Depending on the option selected in the Accounts configuration page, the discount is either applied to the Unit Price (i.e before the line total is calculated) or on the pre-tax amount (after the line total is calculated).
This method uses a Discount Item to represent the Discount. To use this add the Discount Item onto the Line Item Table directly beneath the row you want to apply the discount to.
The Item applies the Discount percentage (or fixed amount) to the net amount (pre-tax) of the preceding Item’s unit price.
The discount is posted to the General Ledger. Set the account the Discount Item posts to on its Accounting tab.
There are two columns to display discount ‘Discount’ and ‘Total Discount’. These can be configured on the Document Template to display % and amount respectively.
Go to Sales Order>Configure>Sales Order Templates> and choose the template.
Check which column(s) and in what mode you want them to be displayed i.e. ‘...when printed’ and ‘...appear on screen’.