Party Brand Wise Discount/Charges
In AlignBooks, you can easily set up discounts and charges for each party based on specific brands. This allows you to customize the discount rates and additional charges for individual parties according to the brand they deal with.
For example, if a particular customer buys products from multiple brands, you can assign different discount rates or charges for each brand specifically for that party. This feature helps in managing pricing strategies more efficiently and tailoring them to meet the needs of each party.
• First, you needs to enable the field for discount/ Charges for Party-Brand specific. To enable the field click on 'Configuration' icon.
• Now click on 'Company Setup' option.
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Click on 'Sales Setup' tab.
In 'Billing Setup - Item Level', you need to Add the Discount/ Charges field in any of the 'Misc' Column as per the requirement. Suppose you want to enable Discount field in 'Misc3' Column.
• Caption: Specify the field name for the Discount that you want to display in the Party-Brand wise Discount/ Charges setup. Suppose mention 'PartyBrDisc'.
• TaxBehaviour: Choose whether the Discount should be calculated Before Tax or After Tax.
• Calculation Type: Select the calculation method, either as a fixed value or as a percentage.
• Calculate On: Determine the base for the discount calculation, such as Basic Value, Quantity, Taxable Value, etc.
• Posting GL: Choose the Account Group where the discount value will be recorded in your books of account.
• Add Deduct: Select the option, whether you want to Add discount, Less discount Value etc.
a. Addition: Select this option, to Add discount Value in Invoice.
b. Deduction: Select this option, to Deduct Discount value in Invoice.
c. Floating: Use this option to specify a '+' or '-' sign for adding or deducting the discount/ Charges while creating the Party-Brand wise list as needed.
• SlabBasedOn: Choose whether the discount rate/ charges should be applied based on Quantity or Amount.
• Rate Based On: Select 'PartyBrandWise' to enable the Party-Brand Wise Discount/ charges field.
• After the configuration, click on 'Save' button to save the details.
• Now you need to fix the Discount/ Charges Party-Brand wise, to fix them go to Sales > Sales Price List > Party-Brandwise Discount/Charges.
• Click on 'Create New Party-Brandwise Sales Discount/Charges Rate' option.
The 'Brand-Party wise Discount/Charges' window will open.
• Provide the Description for this discount category, specify the Effective Date, and enter the discount rate for the specific party based on brand as needed.
• For instance, mention 'Party Brand wise Disc' in the Description field and set effective date from '21 Nov 2024'.
• Suppose, for party 'Charu' set the Discount rate '3%' for EMERK brand.
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Similarly, you can set discount for each brand for single party on same window, and after fixing Discount rate click on 'Save' button to save the changes.
• Now let's view how the Discount/ Charges will get auto loaded in the invoice. To create an Invoice go to Sales > Sales Invoice.
• You need to select Branch, Warehouse, Customer, and mention other invoice details as per the requirement.
• Load the item, Quantity, and Rate, you can view the Party Brand wise Discount of '3%' will get auto loaded in the invoice.
• Item 'Amitade' brand is EMERK, on which we have fixed the discount of '3%'.
• Click on 'Save' button to save the invoice.
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Click on edit icon to make any changes or updation to the discount rates. -
Click on cross icon on a specific discount rate to remove or delete it.
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You can export the rate list in excel file, simply click on excel icon then all the rate list will be exported to the excel file.
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To search any record type the name in the search box, software will automatically display the searched result on the screen.
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Click on arrow icon or click on column header name to sort the list based on that specific column.
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You can also drag and drop the column besides any other column as per your requirement.
In this way, you can easily fix the Discount/Charges for Party-Brand Wise in AlignBooks.