Invoice Profitability and Discounting | Point of Sale Overview
When negotiating with a customer, it's important to know your profitability
before you agree to the discount. If you have the correct security
level, it's easy to check on your costs and profit margin. If yo
then agree to a discount, you can either discount a single line
or the invoice as a whole.
To make discounting easy, if you agree to a final price after taxes,
you can enter that value and the system will calculate the sub total
so that the after tax price is correct.
Another
important aspect to discounting an entire invoice is that each line
is proportionally discounted instead of taking the discount all
of one line.
For example, if you were selling Boxsprings and Mattresses and only discounted the Mattresses, the reports at the end of the month may suggest you sell more Boxsprings and fewer Mattresses, which would be the wrong answer. |