TransActPOS offers a variety of discounting. This discounting can come in the form of a general discount, customer discount, or coupons. We have discussed a few of these discounting features in previous newsletters, but this week we are starting to take a look at Customer Discounts. These are customer specific and can provide discounts on a broad range of products.

If you use account charges, a customer can receive a discount when paying their monthly bill. In order for a customer to receive this discount, eligible terms must be created. To create or edit customer terms, click on System | Support Files | Customer Terms. This will bring up a list of customer invoice terms within your system. Click New and you will be brought to the Properties tab of a new customer term.  

Select the type from the Type Terms drop down menu and enter a brief description. Next, enter the due date (can be either X number of days after the charge or a specific day of the month). The payment discount field is next and is entered the same way as the due date (X number of days or specific day of the month). If a customer has this term assigned to them and pays their bill within the assigned payment discount time frame, the customer will receive the discount entered in the Percent Discount field. You can also assign a minimum purchase for the term being created. Once you are finished, click OK.

To assign this new term to a customer, locate the customer within AR | Customer File and click on the Accounting tab. From here, click the Terms drop down menu (make sure you are in Edit mode) and select the term you created. Clicking Save will finalize this process.

Within the Settings tab of the Customer File, you can assign a specific pricing for the customer. This list contains various pricing options for any items that particular customer purchases. Assigning "A-Column," "B-Column," or "C-Column" for the pricing will give the customer that specific column price if it is available for the specific item. If it is not, the system will automatically default the price to the retail. To enable Column Pricing, go to System | Company Setup | Inventory Page 2 and make sure you have "MSRP/Retail/A/B/C" selected in the Commodity Item.

For more information, click the Help Center button within TransActPOS and search for "Customer Terms" or "Column Pricing."