Discount Eprice: rate determined by vendor/fund

With this option, the system changes the estimated (or list) price that you enter for an order to reflect discounts your library receives so that only the expected net price is stored in the order record and encumbered. You must specify whether the system should calculate discounts by vendor or by fund (it must be one or the other).

To change the setting, select the Discount Eprice: rate determined by vendor/fund option. Choose one of the following options at the prompt.

1 > FUND
2 > VENDOR
3 > NO DISCOUNTING

After you set this option, you can enter a percentage into the DISCOUNT % field in each vendor or fund record (depending on whether you have chosen to calculate discounts by vendor or by fund). The system uses those percentages to calculate the discounted price for the E PRICE field. The system uses the same figure for all orders that are from a particular vendor or are charged to a particular fund.

See Discounting the Estimated Price for further information.