Difference between revisions of "Invoice Discounts"
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#:[[File:View Credits & Discounts.jpg|framed|none|View Credits & Discounts on the Payments tab]] | #:[[File:View Credits & Discounts.jpg|framed|none|View Credits & Discounts on the Payments tab]] | ||
===Assign discount when payment is received=== | ===Assign discount when payment is received=== | ||
+ | #Click '''Billing''' in the left-hand menu. | ||
+ | #Click the '''Payments''' tab. | ||
+ | #Locate the desired member from which to receive payment. | ||
+ | #Click '''View Credits & Discounts'''. | ||
+ | #Click '''Add Discount'''. | ||
+ | #The '''Invoice Discount screen''' will display. | ||
+ | #:[[File:Invoice Discount Screen.jpg|framed|none|Invoice Discount Screen]] | ||
+ | #Type the Discount Amount, Notes/Memo (if desired), and double-check the Discounted Item and Discount Account. | ||
+ | #:'''Note:''' The Discount Account must be identified as an Income account in Setup->Chart of Accounts. In Figure 3-19 above, a special Income account titled “Membership Dues Discounts” has been created that will maintain a list of discounted membership dues specifically for keeping track of early payment discounts. | ||
+ | #:If Transaction Classes have been created, a Class drop-down selection will appear on the screen. Select the desired Class for this transaction. | ||
+ | #Click '''Save Discount''' | ||
+ | |||
===Delete a discount=== | ===Delete a discount=== |
Revision as of 14:12, 2 September 2015
There are two types of discounts within the ChamberMaster/MemberZone database. Event discounts and Invoice Discounts.
Contents
Event Discounts
See Event Discounts
Invoice Discounts
A discount may be applied to a particular invoice at the time of payment or prior to payment received. A discount is associated with a specific invoice and may only be removed by accessing the assigned invoice. In contrast, Credits do not have to be assigned to a particular invoice.
Assign discount before payment is received
- Click Billing in the left-hand menu.
- Click the Invoices tab.
- Locate the desired invoice where a discount should be applied.
- Click the New Transaction drop-down arrow.
- Click Add Discount.
- Type the Discount Amount, Notes/Memo (if desired), and double-check the Discounted Item and Discount Account.
- If Transaction Classes have been created, a Class drop-down selection will appear on the screen. Select the desired Class for this transaction.
- Click Save Discount.
- Click Show Balance Summary to view the assignment of this discount.
- This invoice will display the new amount when payment is received. At that time you may view the discount by clicking View Credits & Discounts.
Assign discount when payment is received
- Click Billing in the left-hand menu.
- Click the Payments tab.
- Locate the desired member from which to receive payment.
- Click View Credits & Discounts.
- Click Add Discount.
- The Invoice Discount screen will display.
- Type the Discount Amount, Notes/Memo (if desired), and double-check the Discounted Item and Discount Account.
- Note: The Discount Account must be identified as an Income account in Setup->Chart of Accounts. In Figure 3-19 above, a special Income account titled “Membership Dues Discounts” has been created that will maintain a list of discounted membership dues specifically for keeping track of early payment discounts.
- If Transaction Classes have been created, a Class drop-down selection will appear on the screen. Select the desired Class for this transaction.
- Click Save Discount