Applying a Discount
There are several ways to apply a Discount on an item in a sales transactions. This can be done in the Sales Order, as well as in a Sales Invoice
1. Discount on "Price List Rate" of an item
You can find the Discount field in the Item table. a Discount can be applied as a percentage or a fixed amount related to the Price List Rate of the Item.
The feature of Discount (%) is available in all sales and purchase transactions.
If you want to apply a discount (as a Percentage) regularly for certain quantities you'd rather use a "Pricing Rule" Click here to learn more about Pricing Rule functionality.
2. Discount on "Net Total" or "Grand Total"
In the "Additional Discount" section (of a "Sales Order" or "Sales Invoice" alike), you can apply a Discount as a fixed amount or a percentage on the total sum of the Sales.
2.1 Discount on "Net Total"
If a Discount is applied on Net Total, then item's Net Rate and Net Amount is calculated as per the Discount Amount. Net Rate and Amount field will be visible only if Discount is applied using this feature.
2.2 Discount on "Grand Total"
If a Discount is applied based on the Grand Total, then with item's Net Rate, Net Amount as well as taxes are also re-calculated as per Discount Amount.