Discount Terms

You can enter discount terms on a detail line to have the system calculate a discount on the services that you purchase. For example, a subcontractor might offer a 10 percent discount on certain services.

You can enter a specific discount factor for a detail line. The system enters a cost for the service on the detail line based on the discount factor. For example, to specify a 10 percent discount for a service, you enter a discount factor of 0.90. If the unit cost for the item is usually 10.00, the system enters a unit cost of 9.00.

You can also specify a discount for a service based on a price rule. The system applies a discount to the unit cost of the service based on the discount that is set up for the price rule. The system retrieves a default price rule for a service if:

  • You have attached a price rule to branch/plant information for the service.

  • You have attached the price group to the subcontractor from whom you are purchasing the service.