Customers Discount

TIGER JILL makes it possible to offer your customers a discount on invoices if they pay early. In the Preference Billing Screen you set your discount policy by defining the discount parameters with the period for early payment and the discount percentage.

The invoice record allows users to create Sales Tickets without generating an actual invoice. By marking a Y in pending you can generate a Sales Ticket with the customer information, who purchased it, materials sold, quantities, etc without the record appearing on the customer’s statement. Also setting a Preference of allowing an empty billing date will accomplish the same goal.

The preference "Use Invoice Discount" determines if the program displays the discount parameters in the different screens (Operation, Invoice and Payment). If it is set to "N" (the default) those parameters are not displayed and it appears as if the discount option is not available.

When you add a new customer (an operation record with the type of Owner) the program uses the preference parameters as defaults but you may override them to deal with special situations.

Each time you add a new Application or Invoice the program uses the owner's parameters as the defaults. Again you may modify the default parameters if you wish. Each invoice that includes a discount for early payment includes an additional line on the invoice report that states "If you pay on or before the "discount date" pay only "discount price".

The price after discount is calculated as a percentage (Early Payment Discount (%) of the Price. If the material billing module is included the inclusion of the materials depends on a billing preference. If the materials are not included the program computes the discount as a percentage of the charges only, if the materials are included the discount is a percentage of the materials plus the charges. The computed discount does not include the sales tax. You may enter the discount directly and the program will calculate the percentage. When you enter a discount amount you must also define the Days For Early Payment.

The discount does not get deducted when the invoice is created. It only deducts the discount when you enter the payment for the invoice.

In the Payment record in the Paid Invoice grid two columns that deal with the discount are included. The first column "After Discount" includes the discounted payment and the second column "Apply Discount" determines whether the discount is applied or not. When you enter an invoice reference to be paid the program checks if the payment date is within the early payment period and the check amount is greater than or equal to the discounted invoice amount. (Only payments in full will allow the discount to be taken). If those conditions exist the program discounts the invoice and applies the discounted payment. For example if the full invoice is $1000 and the discount is 10% within 10 days, the discounted invoice is $900. If it is paid within 10 days of billing date the program will set the Apply Discount to Y, set the amount paid to $900 and modify the invoice grand total from $1000 to $900.

You may overwrite the "Apply Discount" column so you can apply a discount after the discount period or deny discount when its within the discount period.

The invoice record allows users to create Sales Tickets without generating an actual invoice. By marking a Y in pending you can generate a Sales Ticket with the customer information, who purchased it, materials sold, quantities, etc without the record appearing on the customer’s statement. Also setting a Preference of allowing an empty billing date will accomplish the same goal.

800-656-7264 - Orange Enterprises can customize any Input Screen and reports based on your operations needs.

800-656-7264 - Contact Orange Enterprises for the specific configuration that would facilitate your operation's needs.