What is discount type in SAP IS-R-POS - Point of Sale?

SAP Term: discount type

• Component: IS-R-POS

• Component Name: Point of Sale

• Description: A type of discount, such as a staff discount, promotion or coupon.

Smart SAP Assistant

• Key Concepts: 
  Discount type is a feature in the IS-R-POS Point of Sale (POS) system that allows retailers to set up different types of discounts for their customers. Discount types can be used to offer discounts on specific items, categories, or entire orders. Discounts can be set up as a percentage off the total order, a fixed amount off the total order, or a combination of both. 
  
  How to use it: 
  To set up a discount type in the POS system, retailers must first create a discount type code. This code will be used to identify the discount type when setting up discounts. Once the code is created, retailers can then set up discounts for each discount type. Discounts can be set up as either a percentage off the total order or a fixed amount off the total order. 
  
  Tips & Tricks: 
  When setting up discounts, it is important to consider how they will affect your overall pricing strategy. For example, if you are offering a large percentage off an item, you may want to consider raising the price of that item to make up for the discount. Additionally, it is important to consider how discounts will affect your margins and profitability. 
  
  Related Information: 
  For more information on setting up discount types in the POS system, please refer to SAP’s documentation on IS-R-POS Point of Sale. Additionally, there are many online resources available that provide tips and tricks for setting up discounts in POS systems.