CBMS ERP Account Taxcloud - Sale (coupon)

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<p>Manage discounts in taxclouds computations.<br>
Manage discounts in taxclouds computations.<br>
See https://taxcloud.com/support/discounts or<br>
https://service.taxcloud.net/hc/en-us/articles/360015649791-How-can-discounts-be-applied-</p>
<p> Summary: all seller-provided discounts must be applied to the Sales Price before calculating sales tax.<br>
Sellers should disclose their methodology to customers in a Discount Application Policy.</p>
<p> The algorithm is as follows:<br>
– line-specific discounts are applied first, on the lines they are supposed to apply to.<br>
This means product-specific discounts or discounts on the cheapest line.<br>
– Then global discounts are applied evenly across paid lines, as much as possible.<br>
If there is a remainder, it is applied sequentially, in the order of the lines,<br>
until there is either no discount left or no discountable line left.</p>
<p> Note that discount lines (with a negative price) will have no taxes applied to them,<br>
but rather the amount of these lines will be deduced from the lines they apply to during tax computation.</p>

₦ 5,000.00 5000.0 NGN ₦ 5,000.00

₦ 5,000.00

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    Manage discounts in taxclouds computations.
    See https://taxcloud.com/support/discounts or
    https://service.taxcloud.net/hc/en-us/articles/360015649791-How-can-discounts-be-applied-

    Summary: all seller-provided discounts must be applied to the Sales Price before calculating sales tax.
    Sellers should disclose their methodology to customers in a Discount Application Policy.

    The algorithm is as follows:
    • line-specific discounts are applied first, on the lines they are supposed to apply to.
      This means product-specific discounts or discounts on the cheapest line.
    • Then global discounts are applied evenly across paid lines, as much as possible.
      If there is a remainder, it is applied sequentially, in the order of the lines,
      until there is either no discount left or no discountable line left.

    Note that discount lines (with a negative price) will have no taxes applied to them,
    but rather the amount of these lines will be deduced from the lines they apply to during tax computation.