Customer Discounts

How do I give customer discounts?

Goldenseal accounting software lets you provide several types of customer discounts.

Early Payment Discounts

To set up a discount for prompt payment, follow these steps:

  1. Choose Payment Terms from the Options menu, and choose Customers from the submenu.
  2. Click the New button, or select an existing set of terms and click Edit.
  3. Type a discount into the Discount field, and choose whether the amount is a percentage or a flat amount.
  4. Enter the cutoff for the discount.
  5. Click OK.
  6. Click Close to close the list of payment terms.

To assign the discount to customers, follow these steps:

  1. Choose Customers from the Accounts menu.
  2. Locate a customer to whom you give an early payment discount.
  3. Click in the Payment Method field, and enter a payment method that has a discount.
  4. Repeat steps 2 and 3 for every customer that gets a discount.

Overall Discounts

You can create a "grid" of discounts that you give to some customers on some of the items that you sell.

To set up customer discounts, follow these steps:

  1. Choose Income Setup from the Income menu, and choose Customer Discounts from the submenu.
  2. Click the New button.
  3. Enter a brief name for the customers at this discount level, then click OK.
  4. Repeat steps 2 and 3 for each type of customer discount you want to give.
  5. When you are finished, click the Close button.

To set up discounts on the items that you sell, follow these steps:

  1. Choose Income Setup from the Income menu, and choose Item Discounts from the submenu.
  2. Click the New button.
  3. Enter a discount name, and fill in the percentage discount that you'll give to each type of customer.
  4. Click OK.
  5. Repeat steps 2 to 4 for each type of item discount you want to give.
  6. When you are finished, click the Close button.

To apply the discount system to customers and sales items, follow these steps:

  1. Choose Customers from the Accounts menu.
  2. Locate a customer to whom you give a general discount.
  3. Click in the Discount field, and enter a discount.
  4. Repeat steps 2 and 3 for each customer that receives a discount.
  5. Choose Cost Items from the Costs menu.
  6. Locate an item for which you give a discount.
  7. Click in the discount field, and enter a discount.
  8. Repeat steps 6 and 7 for each item that has a discounted price for some customers.

When you enter a Sales transaction and use an Item breakdown, Goldenseal automatically calculates the appropriate discount for each customer on each item they purchase.

On Sale Items

You can set up an 'on sale' price for items that are sometimes discounted.

To calculate 'on sale' prices, follow these steps:

  1. Choose Income Setup from the Income menu, and choose Markup Systems from the submenu.
  2. Click the New button, or click on an existing item and click the Edit button.
  3. Enter the pricing you'll use for regular sales and for reduced prices when 'on sale'. HINT-- You can use a different markup percentage, or use Manual Pricing and type in a sale price for each item.
  4. Click OK.

To apply 'on sale' prices to some of the items that you sell, follow these steps:

  1. Choose Cost Items from the Costs menu.
  2. Locate an item that you sometimes put 'on sale'.
  3. Click in the Markup field and enter a markup system that includes a reduced price.
  4. If you are using Manual Pricing, click in the Reduced field in the Calculated Price section and type in a price.

To make a sale using 'on sale' pricing, follow these steps:

  1. Choose Sales from the Income menu.
  2. Click the New button.
  3. Enter Items into the breakdown popup field at the left side of the window.
  4. Click in the first line of the breakdown table, and enter a sale item.
  5. Hit the Return key or Enter key to add a new row.
  6. Repeat steps 4 and 5 for each item you are selling.
  7. Turn on the On Sale checkbox to use the Reduced price for each item.

Click here to return to sales topics.