Discount In PO

Client Query I have one question regarding creation POs. When adding items into POs, is it possible to add column for discount %. Or is there any other solution for discounts on POs items. Solution The first method involves adding “Discount” items as line items in the PO. These Discount items are placed directly below… Continue reading Discount In PO

Best practices when working with discount

Use Descriptive Item Names: Use clear and descriptive names for your discount items to help identify them quickly and easily. For example, you could use “10% Discount” or “Free Shipping.” Specify the Discount Type: When creating a discount item in NetSuite, specify whether it is a percentage discount or a specific dollar amount discount. For… Continue reading Best practices when working with discount

Calculation Logic for Sales Tax on Discount Items

Applying a Discount to all Items from the Discount Field  It is important to understand how using the different discount methods affect your tax calculation. In the screenshots, the items, tax, and value of the discount are the same, but the choice of discount method yielded different tax amounts. Discount Rate Across All Items In… Continue reading Calculation Logic for Sales Tax on Discount Items

Discount Based on subsidiary

Requirement: 10% discount off total order for customers belongs to Canada subsidiary. Solution: The total amount can be updated by giving 10% discount for Canada subsidiary. From the description of task, every user from Canada subsidiary needs this feature without any other special criteria. For that need to create a promotion and give discount rate… Continue reading Discount Based on subsidiary