Difference between revisions of "Products/Pricing/Price Points/Credit product"

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(Created page with "= Credit Products = This flag on a price point enables the product to be used to automatically credit back the purchase price of a product to a customer.")
 
(Credit Products)
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= Credit Products =
 
= Credit Products =
  
This flag on a price point enables the product to be used to automatically credit back the purchase price of a product to a customer.
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Price points have a flag '''Make this a credit product'''
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The purpose of this flag is to enable the product to be used to credit the cost of the product back to the customer when a product purchase is made. This may be useful:
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* when a product is returned
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* when a transaction that results in a credit needs its own general ledger code, or is a corresponding 'returns' general ledger code to the product that was originally sold.
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* The 'purchase' of the product results in a credited amount Eg: SLA Credit, one-off loyalty discount
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This is different to placing a credit on the customer's account via '''Finance > Credits''' which limits the credit to a single general ledger code.

Revision as of 14:41, 13 October 2015

Credit Products

Price points have a flag Make this a credit product

The purpose of this flag is to enable the product to be used to credit the cost of the product back to the customer when a product purchase is made. This may be useful:

  • when a product is returned
  • when a transaction that results in a credit needs its own general ledger code, or is a corresponding 'returns' general ledger code to the product that was originally sold.
  • The 'purchase' of the product results in a credited amount Eg: SLA Credit, one-off loyalty discount

This is different to placing a credit on the customer's account via Finance > Credits which limits the credit to a single general ledger code.