(Sales – Pricing & Discounts – Discount Codes)
Discount Codes enable you to establish sets of discounts that can be assigned to different groups of customers.
Link:
Startup Guide - Discount Codes
How are Discount Codes used?
Discount Codes enable you to establish sets of discounts that can be assigned to different groups of customers. For example, your dealers might receive a standard 25% discount, distributors might receive 40%, and OEM’s 50%. Within a Discount Code, discounts can vary by item category or item. A customer could receive one discount for new products and a different discount for spare parts.
Quantity discounts can also be established based on the total price of the item or number of units sold.
Discounts are applied to Base Prices and Price Level prices. They do not apply to Contract Prices.
What screens use Discount Codes?
Discount Codes are used in the following screens:
Customer Types
You can enter a Discount Code against each Customer Type (Sales – Sales Setup – Customer Types). Whenever you assign a new customer to a Customer Type, this discount code is used as the default Discount Code against the customer.
Customers Screen
On the Pricing sub-tab of the main Customers screen, you can specify a default Discount Code that is the default used when entering sales orders.
Sales Orders
A Discount Code field is located on the Details side-tab in the Customer section of the sales order header screen. It defaults to the value stored against the customer, but can be changed for any given sales order.
Screen Details
Discount Code
Enter a 20-character code to identify this Discount Code.
Description
This is a 50-character Description that accompanies the Discount Code.
Discount Basis
If your discounts vary by quantity, the Discount Basis determines whether the quantity to be used is the number of Units sold or the total Price of the item.
