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File - Discount Matrix

Use this option to maintain the Discount Matrix master file in MDS. A discount matrix is a table of up to 299 product discount categories. Each discount matrix can be applied to one or many customers as required so Micronet automatically discounts the default sell price during invoicing.

This table provides an example of a discount matrix showing the discount categories assigned to product categories for pens:

Product categories

Description

Discount category

PF

Pens Fine Print

04

PM

Pens Medium Print

04

PT

Pens Thick Print

04

This table shows the discounts applied for each category:

Discount matrix

 

Discount code (1-299)

Discount %

WCC

Wollongong City Council

01

5%

 

 

02

10%

 

 

03

10%

 

 

04

5%

These tables show that Wollongong City Council would receive a 5% discount off their normal list price for any pens purchased because:

 

Technical Tip

An alternative method of setting up customer discounts is to use contract pricing – refer to "File - Debtors Contract Pricing".