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- From the Toolbar, click GRN for Commodity Management.
- From the Commodity menu, select Commodity Tables.
- From the Commodity Tables menu, select Discount Tables.Image Added
- Select Add New Discount Tables.Image Added
- In the Discount Code box, click Lookup or type * and press Enter, and then select the discount code you want to add a discount table for, or type the discount code that you want to add a discount table for.
- Click OK.Image Added
- In the Commodity Code box, click Lookup or type * and press Enter, and then select the commodity code you want to add a discount table for, or type the commodity code that you want to add a discount table for.
- Click OK.Image Added
- In the Discount Table box, type a single-character that identifies the specific discount table that will be applied towards a transaction. This single-character input field accepts a number, a letter, a special character, or a blank.
- In the Effective Date box, type a date that the discount table will become effective.
- Click OK.Image Added
- In the Discount Table Description box, type a description (for example: elevator table, ADM table, etc.).
- In the Position Table box, type a discount table. The discount table can use a different table for updating the position than the one used for discounting certain clients. For example: the moisture discount table can be set up as a cents per bushel charge and you want to shrink inventory based on a percentage of bushels. If the position is to be updated using the same table, leave the defaulted table code in the box..
- In the Rate Method box, type 3 for Enter a Rate for each Grade.
- In the Effective Date Based On box, 1 = shipment date, 2 = contract date, 3 = First application date.
- Click OK.Image Added
- Select a Add/Edit One Grade.Image Added
- In the Grade box, type a number that will determine the grade for this table. If the Grade Factor Method on your discount/premium code is setup as Number of Days Late as in a carrying charge premium, the grade represents days.
- Click OK.Image Added
- In the Rate box, type a positive number.
- In the Rate Types box, type a number with the appropriate rate type, for example 1 for Percent of Gross Bu.
- In the Discount/Premium box, type 1 for Discount to subtract, or 2 for Premium to add.
- Click OK.Image Added
- Repeat Steps 17 18 - 22 23 until all grades are added.Select Save/Exit.
Learn more about Discounts feature:
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