Automating Vendor & Client Discounts

This help guide will walk you through setting up a set discount for a vendor and also show you how to automate passing on a discount to the client simultaneously.

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Automating Discounts from Vendors

Passing Savings/Discounts to Clients

Putting Vendor Discount into Action


Automating Discounts from Vendors

If you are looking to automate a vendor discount between you and a vendor, follow these steps below. The first thing you want to do is turn the vendor discount feature on. to do this, click on Settings>My Company>Codes and check the Vendor Discount box and click Save. This will enable Vendor Discounts on items.



Step 1.
 Start by opening the Vendor Address by going to Projects > Misc. Addresses and finding the Vendor Address. Then click on the Codes tab.


Step 2.
Set "Vendor Purchase Discount" to the discount amount you are getting from the vendor. Example: If you are receiving a 40% discount enter 40. Make sure to click Save.



Passing Savings/Discounts to Clients

 

Note: The following steps would automate the discount for all clients anytime the specific vendor would be used.


Step 1.
Set the "Vendor Selling Discount 1" to the discount that you want to give the client. Example: If you are receiving a 20% discount enter 20. Make sure to click Save.


Step 2.
Scroll up to Client Codes within the Vendor Address and set the "Selling Discount %" to  1. 

Putting Vendor Discount into Action


Step 1.
Click Items and then click the New Item button.

Step 2. Select the Client/Project, Vendor, and Sales Code.

Step 3. Scroll down to the Purchase Cost/Selling Price section and notice the discounts in the fields on the bottom left.


Step  4.
Enter in price that the Vendor would charge you, prior to the discount, in the Retail field.


Step 5.
Notice that the purchase and selling sides calculate automatically once you enter an amount in the retail field.

Note: If the client or sales code has a markup, then the mark up will still be added to the item.

 

Pro Tip: If you are looking for a proposal that shows the discount break down, Try "1020 14 Proposal Retail with Discount".