Discount by Unit Price

(Accountant Plus and Financial Controller only)

By selecting the Discount By Unit Price check box within the Invoice Defaults section gives you an alternative way of calculating discounts. The value of the discount will vary depending on what method of discounting you use.

The calculation used for Discount By Unit Price is:

(Unit Sales Price - Discount) x Quantity

Example

A customer buys 20 units at ú9.99, with a 20% discount.

Using the Invoice Value Discount method:

(Unit Sales Price x Quantity) - Discount

(199.80) - 39.96 = ú159.84

Using the Discount By Unit Price method:

(Unit Sales Price - Discount) x Quantity

(7.99) x 20 = ú159.80

By calculating the discount value on each individual unit, the discount given is different than if the discount was applied to the entire invoice.

Related Topics

Invoice and Order Defaults

To Set Up your Discount by Unit Price