Available in Sage 50 Quantum Accounting.
Create Quantity Discounts
How Do I...
Use this procedure to set up discounts
based upon the quantity sold.
Creating New Quantity Discounts
- From the Maintain
menu, select Quantity Discounts.
The Maintain Quantity Discounts
window appears.
- Enter a new ID in the
Qty Discount ID field. (An ID can be created from the Description you enter, provided that option is selected in Maintain Global Options.)
- Type a description in
the Description field.
- From the Calculation
Method drop-down list, select whether you'd like to calculate the
discount as a percentage or as a flat amount.
- From the Rounding
Method drop-down list, choose a rounding method by which to round
up the unit price. Select from No Rounding,
round to a Specific Cent (which
you define in the field that appears to the right when this option is
selected), or to the Next Dollar
amount.
- In the Minimum
Qty for Discount field, enter the minimum quantity that must be
purchased to receive a discount.
- Enter the discount in
the Discount Amount/Discount
Percent field to the right of the Minimum
Qty for Discount you just entered.
- If desired, enter up to
five different ranges of quantities and corresponding discounts.
- From the Price Levels
grid, select the price levels to which you want to apply the Quantity
Discount. By default, all price levels are selected.
- When you're finished entering
discount information, click the Save
button.
After creating Quantity Discounts, you can apply
them to selected inventory items by following the procedure below.
Applying Quantity Discounts to Inventory Items
- From the Maintain
menu, select Inventory Items.
The Maintain Inventory Items window appears.
- Enter or select the item
ID to which you want to apply a Quantity Discount.
- In the Qty
Discount field on the General
tab, enter or select the Quantity Discount ID you want to apply to the
selected inventory item. To display a list of existing Quantity Discount
IDs, type ? in this field, or
select the Lookup button.
- Select the Save
button.
Once you have created the Quantity Discounts
and applied them to inventory items, the sales prices will be automatically
discounted on transactions when the minimum quantity of an item is sold.
Quantity Discounts are calculated on quotes, sales orders, sales invoices,
receipts, credit memos (Apply to Sales tab), memorized quotes, and memorized
invoices.
Note: If you set
up a Quantity Discount to use a rounding method, click
here to see an example of how the final unit price is rounded when
items are sold in Multi-Pack units.
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