Available in Sage 50 Quantum Accounting.

Create Quantity Discounts

Use this procedure to set up discounts based upon the quantity sold.

Creating New Quantity Discounts

1. From the Maintain menu, select Quantity Discounts. The Maintain Quantity Discounts window appears.
2. Enter a new ID in the Qty Discount ID field. (An ID can be created from the Description you enter, provided that option is selected in Maintain Global Options.)
3. Type a description in the Description field.
4. From the Calculation Method drop-down list, select whether you'd like to calculate the discount as a percentage or as a flat amount.
5. From the Rounding Method drop-down list, choose a rounding method by which to round up the unit price. Select from No Rounding, round to a Specific Cent (which you define in the field that appears to the right when this option is selected), or to the Next Dollar amount.
6. In the Minimum Qty for Discount field, enter the minimum quantity that must be purchased to receive a discount.
7. Enter the discount in the Discount Amount/Discount Percent field to the right of the Minimum Qty for Discount you just entered.
8. If desired, enter up to five different ranges of quantities and corresponding discounts.
9. From the Price Levels grid, select the price levels to which you want to apply the Quantity Discount. By default, all price levels are selected.
10. When you're finished entering discount information, click the Save button.

After creating Quantity Discounts, you can apply them to selected inventory items by following the procedure below.

Applying Quantity Discounts to Inventory Items

1. From the Maintain menu, select Inventory Items. The Maintain Inventory Items window appears.
2. Enter or select the item ID to which you want to apply a Quantity Discount.
3. In the Qty Discount field on the General tab, enter or select the Quantity Discount ID you want to apply to the selected inventory item. To display a list of existing Quantity Discount IDs, type ? in this field, or select the Lookup button.
4. Click Save.

Once you have created the Quantity Discounts and applied them to inventory items, the sales prices will be automatically discounted on transactions when the minimum quantity of an item is sold. Quantity Discounts are calculated on quotes, sales orders, sales invoices, receipts, credit memos (Apply to Sales tab), memorized quotes, and memorized invoices.