Enter Deduction Rule
Explanation
The Enter Deduction Rule activity is used to
create new, view existing, modify and remove deduction rules. Deduction rules
are tied together in Deduction Groups by entering Deduction Group Details.
Deductions are used based on payments of customer
invoices. It is not possible to remove a Deduction Rule used in
a Deduction Group.
Prerequisites
None.
System Effects
As a result of this entry, you can attach Deduction Rules to a Deduction
Group in Deduction Groups and the through
the operation
Deduction Group Detail.
Window
Deduction Rules
Related Window Descriptions
Deduction Rules
Procedure
To enter a deduction rule:
- Open the Deduction Rules window. Either Populate or Query for
existing deduction rules, or click New to enter a new deduction rule.
- Enter the new ID in the Deduction Rule field. Choose rule type Gross
Amount Percent, Net Amount Percent, Reduced Gross Amount Percent, Reduced
Net Amount Percent, or Absolute Amount from the drop down list in the
Deduction Rule Type field.
- Enter Description, Value, and check the Tax Reduction check box if the
tax should be reduced based on the deduction amount. Select the
Deductions Taxable check box if the deductions made using the deduction
rule should be taxable. (Note: It is not possible to select both the
Tax Reduction check box and the Deductions Taxable check box
for a deduction rule.)
- Save.