Enter a discount into a bill

Shaun Furminger
Shaun Furminger Member Posts: 2
edited February 2020 in Reckon Accounts (Desktop)
One of my suppliers applies a 5% Discount to some items and no discount to others on a bill.
I am just wondering if there is a way to apply the 5% discount or do i manually have to change the totals after i put the quantity of the item in to the bill?

Comments

  • Shane_6461899
    Shane_6461899 Reckon Staff Posts: 339 Reckon Staff
    edited February 2020
    Hi Shaun,

    Reckon Accounts doesn't allow you to use discount items on bills.  If the discount is applying to just certain items on the bill and not others you would be best manually changing the price of the item on the bill. 

    There is a discount function for Bills in the software, but it can only be used on Bill Payment Cheques as opposed to Bills, and can only be used after the Bill Payment Cheque is saved.  To use this you would create the Bill with no discount, then apply the payment to the Bill in full, after this you open the Bill Payment Cheque and at the bottom is a Discounts button.  Click on this and you can enter a dollar amount for the discount and select or create a Discount account.  Just note the discount applies to the entire Bill Payment Cheque.  However I think in your case you should just change the rate of the item on the Bill to the discounted rate.



    Let me know how it goes.  Thanks.

    Regards,
    Shane.
  • Shaun Furminger
    Shaun Furminger Member Posts: 2
    edited July 2014
    Thanks for the reply Shane. I believe you are right. Manually entering the discounted value is much easier all round.
  • Matt_7932038
    Matt_7932038 Member Posts: 1
    edited December 2015
    Hi, I am wanting to apply an early payment (%) to a bill and came across this post. I have followed the instructions provided but the navigating back to the Bill Payment Cheque screen to apply discount is quite a clunky process ? I note that in other versions of Reckon there is a Discounts button in the Bill Payments screen is this a preference setting or is this just a different version of Reckon?
  • mrsKLB
    mrsKLB Member Posts: 15
    edited December 2015
    When I receive distributor statement there is always a commission involved, as I need to track commission payments per product I have a product item setup, identical in every way to the original product item, however I exclude it from any tax line etc (which is most like wrong now that I think about it), anyway... As I fill in the sales receipt (my distributors are setup as customers as they represent my OS customer base), I add in a line for each item and have a negative (-) amount, representative of the % value. Total Duck = $30 Total Duck commission = (35%) $10.50 Statement total: (payable): $19.50 This allows me to also run reports on how much commission my seller makes, how much each product costs me and overall balances out to the cent. I also use Classes, with the product as the class so my reports can be used across 5 different resellers, the Class report then gives me the overall picture as to the product P/L throughout all sales channels. I'm no expert, but this is how I've worked around discounts and commissions to date.
  • dulgru
    dulgru Member Posts: 2

    This was the reply in 2014. Has it changed or should i go back to Xero? My supplier applies discounts depending on quantity and the discount needs to be shown on the Purchase Order. Should i not be in the Retail edition? Or not in Reckon?

    Peter [email protected]

  • dulgru
    dulgru Member Posts: 2

    This was the reply in 2014. Has it changed or should i go back to Xero? My supplier applies discounts depending on quantity and the discount needs to be shown on the Purchase Order. Should i not be in the Retail edition? Or not in Reckon?

    Peter [email protected]