Discount Table

To access the Discount Table start INSTALLATION Workshop and from the main menu select Install|Discounts.

Use this option to set up the discount structure of CAPITAL. Up to nine (9) standard discounts can be defined. Unused discount fields should be left empty.

You may also decide to use:

The Standard Discount Table is designed for ease of use for companies that have basic discounting requirements.

If you require quantity breaks, time based discounts, discounting by product or supplier groups, etc., or special prices for specific customers, you will also need to use the other discounting features found in CAPITAL.

An example will best illustrate how to set-up standard discounts. To set a discount of 10 per cent on price A in Stock Control, type in a description of the discount under the name heading, and a discount formula under the value heading. For example:

Name Value

DISCOUNT 10% A-10%

A very common set of discount might take the form of:

Name Value

LIST C

DISTRIBUTOR D

RRP C+25%

In the above table, the LIST price is equivalent to the Stock Control price C, and the DISTRIBUTOR price to the Stock Control price D. The RRP is the C price plus 25 per cent.

Discounts in CAPITAL are numbered sequentially. LIST would be discount 1, DISTRIBUTOR would be discount 2, and so on. By assigning the appropriate number to the Discount field of the customer account, that account would automatically be assigned the appropriate discount rate.

For example, if you set the Discount field of a customer account to 3 (RRP) then the default sell/charge price for that account would be the C price in Stock Control plus 25%.

The Standard Discount Table can be used in conjunction with the other discount calculation systems in CAPITAL. You could, for example, assign a default discount rate of 3 to a particular account, and then use the Customer Special Pricing or Customer Stock Item Pricing to override rate 3 for special cases.

Hints & Tips

Use "I" variable (this is the letter I, and means the invoice or internal price) to refer to the current unit price.
Use the LP (List Price) variable to refer to the current item's list price. To give a discount of 50% off list price the calculation would be: LP *.5.

It is generally not a good idea to apply a discount directly to the I field as the calculation then becomes self-referential. For example, if the I (unit price) = $100, and a 10% discount is applied, then the new unit price will become $90. However, if the discount is applied again, then it will be calculated on $90, not $100.

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