Microsoft Dynamics GP (Archived)

How to apply Multiple Discounts and view them on the invoice

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Posted on 10 Jan 2014 21:21:33 by Megabass

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I am curious how to apply multiple customer discounts and show them on an invoice.

These are the following discounts

Trade Discount - This is ok, I know this has a field

Early Payment Discount - This is ok, it is a payment term

Misc Discount - Unsure how to apply. It is calculated as a % the total after the trade discount.

I could add the % to the trade discount and even a payment term since the customer in question always pays early, but I would like to keep them separate for accounting and reporting purposes. Thank you.

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L Vail 65,271 on 12 Jan 2014 at 01:34:08

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RE: How to apply Multiple Discounts and view them on the invoice

Hi again,

For accounting purposes, hmm. You could create a 'discount' line item on the SOP invoice and enter a negative number. This would give you the ability to assign it to a different gl account, as well as making it visible. With a little VBA magic, you could get it to automatically calculate the amount based on the invoice subtotal. If the percentage changes, you could still use VBA to read the customer card (or wherever) and grab the percentage.

Kind regards,

Leslie
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Victoria Yudin 22,766 on 11 Jan 2014 at 15:05:54

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RE: How to apply Multiple Discounts and view them on the invoice

GP does not really allow for an additional discount AFTER the trade discount. I believe that is always calculated last. However, if you are using SOP, you could use the Markdown on each line items for a discount before the trade discount. If everything is just straight percentages, the math should work out the same.
L Vail 65,271 on 11 Jan 2014 at 03:49:31

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RE: How to apply Multiple Discounts and view them on the invoice

What fields do you use to record them?