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Discounts on house charge paymeents
  • wildman
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    Discounts on house charge paymeents

    by wildman » Sun Apr 25, 2010 12:12 pm

    Is there a way to do a discount on house charges? Example accounts generally pay net 30 days. Can you offer a 5% discount if paid within 15 days? I know many of my suppliers do this.
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    Andy
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    Re: Discounts on house charge paymeents

    by Andy » Mon Apr 26, 2010 4:24 pm

    Unfortunately, there is no automatic way to apply an early payment discount within RetailEdge. One possible workaround might be to issue the customer a store credit equal to the early payment discount amount. Then, when paying off the account, use a split payment consisting of the actual, discounted, payment and the store credit amount.

    Another option, if you want to track the applied discounts, might be to create a non-stock item for the discount. To apply the discount, you could return the item to the customer with a price equal to the discount. Apply the return to the customer's house charge account.

    Hope this helps.
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