Discount Pricing
Many see discount price models as another charge model. JustOn Billing & Invoice Management supports three types of discounts:
- Item-based discount
- The item-based discount reduces the price of an individual invoice line item, either using a percentage discount rate or a fixed discount amount. This discount type is applied to an individual invoice line item before the invoice subtotal is calculated (see Invoice Line Item Calculation).
- Order discount
-
The order discount reduces to the subtotal net value of an invoice (which represents an order). This percentage-based discount is applied to the sum of the invoice line item prices and, consequently, "distributed" proportionally to the relevant invoice line items. Using this discount type also reduces the tax amount subsequently.
Only invoice line items of the type
Product
are subject to the order discount. In addition, invoice line items with the checkboxExclude From Order Discount
selected are exempt from the order discount calculation. - Invoice discount
- The invoice discount (temporarily) reduces the grand total of the invoice. It is applicable to the total gross value for a defined time frame – usually in order to motivate the buyer to make the payment within this specific time.
For details, see Discounts.
Discount pricing can be used with one-time, recurring or transactional (usage-based) items (see Billing Types).