Anybody please explain me about discount in sales order or purchase order
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Multi line discount - Similar to Line discounts. The difference is AX takes into account all eligible lines from the any SO or PO. So you can set up discounts for quantity based on the total ordered quantity of several items - you cannot do that with the Line discounts. For example - I Sell Item A,B,C and I want to give my customer (or Vendor) a 10% discount if they buy 3 Items (I don't mind if they buy 2 items of type A and 1 type B or 3 Items of type C only, I still give them the discount). My condition was Quantity should be 3.
You can combine Line and Multiline discounts - look at the Discount setting in Account Receivable -> Setup -> Parameters -> Prices tab.
You can combine Line and Multiline discounts - look at the Discount setting in Account Payable -> Setup -> Parameters -> Prices tab.
Coming to Total Discount:
Total discount - Use it to specify one discount for the whole SO or PO. It is applied to the total amount of the SO or PO. Use it when you want to give a discount depending on the amount of the SO or PO and not on the quantity of items ordered. Line and Multiline discount take into account the quantity, Total discounts take into account the amount (the criteria for applying a discount). Another important difference is that with Line and Multiline discounts you can calculate the margin for each SO or PO line.
Example : If PO or SO Total amount is more than 100000, then i will give the discount of 10% to Customer or Vendor.
I Hope you got it now.
Verify, If the solution meets your requirement.
Sarathy
Hey, are you talking about the Discount field in the PO and SO ??? If so,
Discount will be applicable on each Item Quantity.
I mean, For example if you have ... Quantity 10 , Unit Price is 5000... and 10 is discount, then Discount will be calculated as Quantity * Discount. (10 * 10 = 100)
Net amount = 10 * 5000 = 50000.......... Now deduct 100 from 50000.... ( 50000 - 100 = 49900)
After discount calculated ........ You can see 49900 in the Net amount field.
Hi Artata,
What exactly you want to understand in discount? AX support discount at multiple level, like line discount, multi line discount and total discount.
Form accounting point of view, discount can be recorded in different ledgers depending on its type.
Pranav...
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Hi ,
In the Trade Agreements i could able to understand the Price discount and Line discount .
I could not able to understand the Multiline discount and total discount .
Please explain with an example of two scenerios .
HI Sarathy
You are on a Roll !
I had posted under the subject of " What does 1/1n5 means" kindly explain me about this.
Thanks
Artata
Thanks Sarathy
You explained multi line discount excellently
I will practice it soon
Dear Sarathy
From where would I set up Multi Line Discount?
Means the criteria we have to decide.
As you say :Example : If PO or SO Total amount is more than 100000, then i will give the discount of 10% to Customer or Vendor.
I have setup Multi Line Discount correctly.It worked good.Now i am attempting Total Discount.can u explain me that the setup is same for it as in multi line?
I have do same setup for it but when i post the invoice it shows an error "Account Number for transaction type customer invoice discount does not exist"
What does it mean?
Multiline Discount can be setup from multiple ways but this depend upon the requirement of client.
Coming to PO or SO,
AP>PO > Select PO> Click on Trade agreement> select Multiline Discount... In Multiline discount form .. Select item, Quantity, amount, Discount 1 and Discount 2 (1 & 2 as per client need). .. save it. ]
IMP Note: If you want to have a Multiline discount, then you need to select the Discount type as Multiline in Parameters of AP or AR. (AP> Setup> Parameters> Price (tab)).
Hope it will help you.
Hi artata,
Did you mentioned the Ledger account in Discount filed in Item group? Check once.
Total Discount process is bit different when you compare it with Line and Multiline discounts....
PO> Click on Trade agreement> Select Total discount... In the Total Discount form, specify the Amount and Discount.. (say example 100000 as amount and 10% as discount).... SAVE it.
Come back to PO, Click on Calculations button (Lines level) > select Total discount. It will calculate the Total discount amount.
Have a great weekend... EnJoY ..!!!
Will you please mention that from where i would mention the Ledger account in Discount filed in Item group?
Hi,
As you need Discount in both Sales & Purchase orders ... You need to mention Ledger A/C's (Discount field) in Sales & Purchase tabs of Item Group... If you don't have Discount accounts then prepare it in Chart of Accounts in General Ledger module. (GL> Common forms > Chart of Accounts).
Hope you get it resolved soon.