Line Concepts: VAT, Discounts, and More

ERP systems allow users to specify detailed information on each line item of a sales order, such as VAT (Value-Added Tax), item discounts, and shipping costs. This ensures transparency and accuracy in the sales process.

Key Concepts in Sales Orders:

• VAT Amounts: ERP systems automatically calculate VAT based on the customer's location and the type of goods being sold.

• Discounts and Promotions: Discounts can be applied per line item or to the total order.

• Shipping and Handling Fees: Additional charges related to delivery can be added to the order.

Line item VAT in Pakk

Discount settings in Pakk