Difference between revisions of "Invoice Discounts"
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Line 34: | Line 34: | ||
===Delete a discount=== | ===Delete a discount=== | ||
+ | Discounts are associated with a particular invoice and thus must be removed from the assigned invoice. | ||
+ | #Click '''Billing''' in the left-hand menu. | ||
+ | #Click the '''Invoices''' tab. | ||
+ | #Locate the desired invoice where a discount should be removed. | ||
+ | #Click '''Show Balance Summary''' (if not already selected). | ||
+ | #Click the '''Discount ID #'''. | ||
+ | #:[[File:Selecting_the_Discount_ID.jpg|framed|none|Selecting the Discount ID #]] | ||
+ | #Click '''Delete Discount'''. | ||
+ | #:[[File:Clicking Delete Discount.jpg|framed|none|Clicking Delete Discount]] |
Revision as of 14:15, 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
Delete a discount
Discounts are associated with a particular invoice and thus must be removed from the assigned invoice.
- Click Billing in the left-hand menu.
- Click the Invoices tab.
- Locate the desired invoice where a discount should be removed.
- Click Show Balance Summary (if not already selected).
- Click the Discount ID #.
- Click Delete Discount.