A discount schedule defines the discounts available under stated conditions, such as order quantity, customer group, product category, contract, payment timing, or campaign. Clear schedules make pricing more consistent and show when an exception requires approval.
Quick reference for Discount schedule
| Check | What it means for the transaction |
|---|---|
| Category | Pricing and profitability |
| Record to keep | Record the cost basis, currency, quantity, customer scope, effective period and approval behind the amount when they apply. |
| Do not infer | A price label alone does not establish margin, landed cost or the final invoiced amount. |
Discount schedule and nearby terms
- Quantity discount: A quantity discount reduces the price when a buyer purchases a defined volume.
