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..jpg)
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.