Calculating and adding discounts manually can take a lot of time but now you can do that easily and quickly with Refrens!
Let’s see how!
Suppose you are an interior designer, and you have prepared this quotation for your client.
But before sending this to your client, you may also want to add some discount in the quotation. Now there are two ways to do that. You can give a discount either on the total amount billed or on the individual items separately.
First, Let’s see how you can add a discount on the total amount billed. When you are creating a quotation, you will see the “Add Discounts/Additional Charges” option right above the total amount.
Once you click to Add Discounts, Refrens will prompt you to choose the type of discount you want to add. Note that you can choose either of them or add them simultaneously within the quote or invoice.
Selecting “Discounts on Total” will prompt you to choose the discount amount. You can apply Discounts either in absolute or percentage terms.
Note that discounts on the total Amount will reduce the total value but will not be added to the tax component. So, you will need to bear the full tax component of the pre-tax amount yourself.
Now let’s see how you can add Item-wise discounts. Click on “Give item-wise discounts” and Let's say we want to give a 10% discount. As soon as you edit the discount rate, all individual line items will have a 10% discount on the pre-tax Amount.
You can edit discounts for individual items also. Suppose you want to give just a 5% discount on kitchen items, then you can go ahead and do that individually also.
And - that’s how easy it is to add discounts to your accounting documents!