Setting Up Discounts and Surcharges
To set up discounts and surcharges, use the Discounts and Surcharges (BI_DISC_SUR) component. Use the BI_DISC_SUR_CI component interface to load data into the tables for this component.
Products or services that you offer may have discounts or surcharges added to them. You establish the definitions on the Discount/Surcharge page so that you can use the discount and surcharge definitions when entering bill lines. This page enables you to enter as many predefined discounts or surcharges as you want. Discounts can be given on a fixed-amount or a percentage basis.
Discount and surcharge codes are defined by currency code. For convenience when defining these codes, set the default currency code on the User Preferences - Billing page.
|
Page Name |
Definition Name |
Usage |
|---|---|---|
|
BI_DISC_SUR |
Add a new discount or surcharge or review an existing discount or surcharge. |
Use the Discount & Surcharge page (BI_DISC_SUR) to add a new discount or surcharge or review an existing discount or surcharge.
Navigation:
Field or Control |
Description |
|---|---|
Type |
Select to define as a discount, surcharge, installment surcharge, or retainage. A discount lowers the amount due from a customer; a surcharge raises the amount due from a customer. |
Computation Basis |
Select to specify a fixed amount or percentage. Whichever you select, also enter the amount or the percentage in the adjacent field. Enter the percentage as a number with two decimal places; for example, enter 5 percent as 5.00. |
VAT Default Setup |
Click to access the VAT Defaults Setup page. This page is a common page used to set up VAT defaulting for all PeopleSoft applications processing VAT transactions. On this page you can define discount and surcharge VAT defaults per VAT registration country and state, as applicable. |
VAT Service Treatment Setup |
Click to access the Services VAT Treatment Drivers Setup page. This page is a common page used to set up VAT services treatment for all PeopleSoft applications processing VAT transactions. If you are required to implement special handling for services, you can specify discount and surcharge VAT service treatment defaults on this page for a supplier's (seller's) location country and state, as applicable. |
Distribution Code |
Select a code that reflects the accounting distribution. |
Note: The VAT Defaults Setup and Services VAT Treatment Drivers Setup pages are described in detail in the PeopleSoft Global Options and Reports.