# Discounts
This feature allows you to setup all discounts offered by the school.
## Access and Navigation
To access this module, go to **Planning** > **Finance Setup** > **Discounts**.
If you cannot view the link from the list, check the privilege assigned to your account or role.
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Contact your school’s system administrator to request view or edit access if you cannot access the rights management screen
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## Create a Discount
* Click **+ New**
* Fill out the necessary details:
* **Label** - what to call the discount
* **Ranking (lowest will be applied first)** - when should the discount be applied especially if there are other discounts to be applied? See the sample scenario below.
* **Amount** - either a fixed amount or percentage (% sign should be appended)
* **Applies to** - where the Discount should apply (Total, Tuition, Miscellaneous, Laboratory, Books, School Supplies, Instructional Materials, Donations and Optionals)
* **Applies to first payment due date ONLY** (checkbox) - should the Discount be fully applied on the first payment (both on full and installment payment schemes)?
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**Ranking Sample Scenario:**
**AMOUNT** - 10,000
**DISCOUNT A** - Rank 1; 10%, **DISCOUNT** **B** - Rank 2, 5%
**DISCOUNT C** - Rank 1, 15%; **DISCOUNT D** - Rank 2, 500 (fixed price)
#### **1ST DISCOUNT FLOW**
* Starting amount = 10,000
* Apply Discounts A and C. Since both are percentages, they can be added, which gives a total of 25%
* 10,000 \* 25% = 2,500
* Ending Amount = **7,500** (which is 10,000-2,500)
#### **2ND DISCOUNT FLOW**
* Starting amount = 7,500
* Compute for Discount B: 7,500 \* 5% = 375
* Since Discounts B (375) and D (500) have the same numerical quantity already, they can be added before subtracting from the Starting Amount
* Ending Amount = **6,625** (which is 7,500 - \[375 + 350])
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* Click **Add Discount** once done
## Edit a Discount
To edit, click the **Pencil** button of the Discount and modify the contents as needed. Click **Save Changes** once completed.
## Delete a Discount
To delete, click the **Trash bin** icon of the Discount, and then a pop-up window will show up to confirm your intended action. Once decided, select **Yes** otherwise click on **No.**
