There are four types of discounts: two are manual discounts that you apply at POS, and two are calculated automatically by the system.
Not all items can be discounted. If the Discountable? field is set to "N" in Inventory Maintenance, you cannot discount the item.
Manual discounts that you can apply:
Item Discount
Press discount when posting an item to discount particular items on a transaction.
Entire Sale Discount
Press discount after posting all items and pressing total. This discounts all the discountable items on a transaction. This kind of discount is also called a manual trade discount.
Automatic discounts that the system calculates:
Trade Discount
The system automatically discounts all the discountable items on a transaction and applies the discount immediately at the end of the transaction. Automatic trade discounts are for selected customers only and are set up in Customer Maintenance.
Terms Discount
The system automatically calculates a discount on the entire sale as an incentive for prompt payment. If the customer pays the invoice promptly, the discount is applied. If a charge customer pays cash at the time of the sale the terms discount may be automatically applied immediately at the end of the sale (if set up in Options Configuration). Terms discounts are for selected customers only and are set up in Customer Maintenance.