# 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**.

<figure><img src="/files/9olPVCBNAPtWndwNWAL0" alt=""><figcaption></figcaption></figure>

If you cannot view the link from the list, check the privilege assigned to your account or role.

{% hint style="danger" %}
Contact your school’s system administrator to request view or edit access if you cannot access the rights management screen
{% endhint %}

## 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)?

{% hint style="info" %}
**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])
  {% endhint %}

* Click **Add Discount** once done

![](/files/-M68J7bSNhdfxrZzqQ4f)

## Edit a Discount

To edit, click the **Pencil** button of the Discount and modify the contents as needed. Click **Save Changes** once completed.

<figure><img src="/files/tsGtWa2SBoHkSVgk9uHk" alt=""><figcaption></figcaption></figure>

## 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.**

<figure><img src="/files/IeqmJvCP11WRNRXIIgqL" alt=""><figcaption></figcaption></figure>


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