When to Use Absolute Discount vs. Discount Percentage Fields
This article provides guidance on whether to use the Absolute Discount field when only percentage discounts are being utilized.
Understanding Discount Fields
Absolute Discount Field
- The Absolute Discount field calculates the discount of a line item, converting both dollar and percentage discounts into a percentage.
- For example:
- A $10 discount on a $100 line item results in an Absolute Discount of 10%.
- A 10% discount on a $100 line item also results in an Absolute Discount of 10%.
When to Use Absolute Discount
- If sales representatives are using both dollar and percentage discounts, it is advisable to use the Absolute Discount field for consistency.
- If the team is exclusively using percentage discounts, the line item property "Discount Percentage" should be used instead.
Conclusion
If your team is only applying percentage discounts, it is recommended to use the Discount Percentage field. However, if there is a mix of discount types, the Absolute Discount field is the better choice for accurate calculations.