Managing Discontinued and Replacement Inventory Items with EDI Vendors
In these times of supply chain challenges and product availability issues, it’s more important than ever to keep track of changing inventory to reduce duplications and making sure the right product gets added and decremented from stock.
This Paladin University course outlines the importance of keeping up with discontinued and replacement items coming down from EDI vendors.
Set up and apply trade discounts
Trade discounts give your best customers a discount on their monthly statement. Trade discounts are set up as pricing plans. This allows you to selectively discount specific departments or classes and require that the discount meets the minimum margin for each item. You can create multiple trade discounts and selectively apply them to each customer […]
Set up prompt payment discount
Prompt payment discounts encourage your customers to pay their account balance quickly. When you set up this feature, statement discounts (applied per customer) will expire on a specific day of the month if the balance is unpaid. To apply a statement (percentage) discount to an individual customer account, see the How to set up percentage […]
Jump-Start Sales with BOGOs
Buy One, Get One discounts are hands-down the most popular sales promotions in the retail industry.
Prevent manual discounts from applying to Net items
You can prevent an inventory item from being automatically discounted by checking Net on top of the Pricing Levels pane in the Pricing tab of Paladin’s Inventory module. Figure 1: Net checkbox in Pricing tab of the Inventory module When you press F4 Discount Item in the Invoice/Quote module to apply a percentage discount to an […]
Prompt Payment discount
Prompt payment discounts encourage customers to pay their bill on time and increases customer satisfaction. Paladin’s Prompt Payment setting lets you set the date each month when prompt payment discounts are no longer accepted. For example, if you set this date to 15, prompt payment discounts will only be accepted if the customer pays their […]
F4 Discount feature
This article provides instruction and information on the following: About F4 Discount How to set up the F4 Discount to respect the minimum margin by default How to apply the F4 Discount to respect the minimum margin How to apply the F4 discount to manually priced items on invoices by default How to apply the […]
Best Practices: Trade Discounts
The 80/20 rule says 80% of your revenue comes from 20% of your customers. Trade discounts keep your best customers coming back.
F4 discount item button essentials
The F4 or Discount Item button in Paladin is much more versatile then you may think. When do you use it? Why would you use it?
Adjust discounts given in error
Note: Before you can adjust a discount given in error, you must have created a new department for adjustments and a new inventory item for adjustments. In Paladin, on the top ribbon, select the Invoice/Quote module. Optional: On the bottom ribbon of the module, click Advanced Lookup to search for customer account information. Enter the part […]
Discount items at checkout
This article describes how to ring up items with different discounts at checkout. In the following procedure, we use the following scenario: Item 1 : Regular price Item 2 : 50% off Items 3-5 : 25% off Items 6-10 : 10% off Note: To discount items at checkout, you may need manager approval. In Paladin. […]
Percentage discount from retail: Specific department, supplier, or class
To set a percentage discount from retail on all items in a specific department, supplier, or class: In Paladin, from the main menu, File > Setup. Select the Pricing Plan tab. Click New. In the Name box, enter a name for the pricing plan. Choose one of the following options: If you want the sale to […]
Set a percentage discount on items
To set a percentage discount on items: In Paladin, from the main menu, select File > Setup. Select the Sale List tab. In the Sales pane, find the sale list and highlight it. Scroll to the Pricing Plans pane, and click Create New Pricing Plan. In the Pricing Plan tab, in the Name box, enter […]
Single item BOGO discount
Note: It is recommended to have a Paladin TSR help set up this feature. This article includes the procedure for setting up a Buy One Get One (BOGO) discount when only a single item is involved. In Paladin, from the main menu, select File > Setup. Select the Rewards tab. Select Ace Hardware from the Customer rewards […]
