Features
How to set up Discounts
Step by step guide to setting up discounts in Xentral
Header Discounts (e.g., Invoice Discount)
Header discounts are applied at the document level:
1
Define discount
Enter the discount in the discount field of the document.
2
For combined discounts
For multiple discount levels, calculate the total combined discount and enter it. Depending on how the discounts are applied you need to calculate them differently.
You can find a spreadsheet tool to help you calculate the combined discount here.
Calculation Examples for Discounts
Examples for Discount Calculations
Examples for Discount Calculations
- Combined discount with different discount levels:
- Example: 4% cash discount and 1.5% invoice discount plus 3% central purchasing discount
- Formula:
(1-((1-0.04)\*(1-(0.0015+0.03))) = 5.09%
- Sum discount at the same level:
- Example: 2% logistics discount and 1.5% invoice discount, which apply to the same level (initial price)
- Formula:
0.02+0.015 = 3.5%
The correct calculation and representation of discounts is important for the acceptance of invoices by your trading partners.