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Discounts on Project Invoice

Posted on by Microsoft Employee

Can anyone let me know about the discounts to be applied on to the project invoice?

How can one give discount to the customer on a project invoice?

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Discounts on Project Invoice

    Hi Ludwig,

    Following are the discount scenario and its distribution on line:

    Professional fee Timekeeper   Total Amount Discount Distribution on line
      Ajoy Roy 4.5@250000 112500 11250
      Jatin Aneja 6.25@25000 156250 15625
      Dev Robinsion 7.25@25000 181250 18125
      Yamen Verma 3.25@25000 81250 8125
             
      Sub Total   531250  
    Other charges (Expenses+Soft cost)   25000 2500
           
    Total 556250
    Discount 55625

    We have mapped soft cost through fee journal, because, customer doesn't book expense for soft cost but book revenue of soft cost. 

    Regards,

    Onkar Jha

  • Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Discounts on Project Invoice

    Hello Onkar Jha,

    Can you provide some more detail on discount on bill?

    I do not fully understand this scenario.

    Maybe you can provide a simplified example?

    Best regards,

    Ludwig

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Discounts on Project Invoice

    Hi Ludwig,

    I am facing  challenge to create discount in Time and material project. I have two scenarios of discount :

    1. Discount on Bill

    2. Discount on Hour.

    This is the scenario for law firm, here fee is also mapped as a soft cost, that is our expense will be the sum of Expense and Fee. in this scenario how we can give discount on bill.

    Similarly, in second scenario, customer wants to give discount only on Hour amount and discount amount should be distributed proportionally on line amount because receivable of each resource will also reduce.

    Please suggest, how we can map these scenario in AX without any major customization.

    Regards,

    Onkar Jha

  • Verified answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Discounts on Project Invoice

    Thanks a lot Ludwig..!!!

    Kind Regards

    Sarang

  • Verified answer
    Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at
    RE: Discounts on Project Invoice

    Hi,

    In the invoice proposal form you can identify the transactions that you are going to invoice in the invoice proposal transactions section.

    There is a button available there that says 'create fees'.

    By creating a negative fee you can incorporate a discount in your invoice.

    Best regards,

    Ludwig

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