Setting up a discount matrix
In Pricing, a discount matrix is a discount structure that offers flexible criteria to define and retrieve discounts.
A discount matrix includes these elements:
- A matrix definition
- A set of matrix attributes
- Discount information,
which can be:
- A discount amount
- A discount percentage
- A discount schedule
If the properties of, for example, the sales order match the properties of the discount matrix, the discount amount/percentage from the discount matrix or from the discount schedule that is linked to the discount matrix, is applied to the sales order.
You can specify how many discount levels your organization uses and define for each level how it is used. For more information, refer to Multiple discount levels.
To set up a discount matrix:
Example
For matrix type Sales Line Discount, specify the matrix definition MD1. Add the attributes delivery terms, currency and item to the matrix definition.
Specify the discount schedule SLS1 for items with the following characteristics:
- Currency USD
- A minimum break of 10 pieces
- A valid period from September 1 to December 1.
- A discount of $50 each.
Define a discount matrix for matrix type Sales Line Discount and select matrix definition MD1 and discount schedule SLS1. Enter values for the matrix attributes, such as the following:
- Delivery terms: CoD (Cash on Delivery)
- Currency: USD
- Item: Laptop computer A1