Pakk Academy
  • Welcome to the Pakk Academy
  • School of ERP
    • Introduction to ERP Systems
    • Purchasing and Demand Planning
      • Demand Planning
      • Suppliers
      • Purchase Orders
    • Sales Order Process
      • Line Concepts: VAT, Discounts, and More
      • Commitment of Stock
      • Dispatch Process
    • Invoicing and Payments
      • Generating Invoices
      • Handling Credit Notes
      • Managing Payments
      • Payment Disputes and Adjustments
    • Inventory Management
      • Stock Movements and Adjustments
      • Stock-Takes and Cycle Counting
      • Managing Stock Levels
      • Handling Overstock and Deadstock
    • Bookkeeping and Accounting
      • Recording Transactions
      • Reconciling Accounts
      • Financial Reporting
      • VAT Reporting and Compliance
    • Integrating Business Functions
    • Practical ERP Workflow Examples
      • Purchase-to-Pay Process
      • Order-to-Cash Process
      • Inventory Lifecycle Example
    • Best Practices
  • eCommerce Advice and Tips
    • New Store Owners Have the Wrong Priorities
  • eCommerce Launch Mega Checklist
    • Shipping
    • Payment
    • Customer Service and Information
    • Reviews
    • Legal and Compliance
    • Design, Site Function and Brand Message
    • Product Discoverability
    • SEO/Webmaster/Analytics
    • Merchandising and Content
  • The Maths of eCommerce
    • Markups and Margins
    • VAT Rounding
    • Stock Ordering Maths
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  1. School of ERP
  2. Sales Order Process

Line Concepts: VAT, Discounts, and More

PreviousSales Order ProcessNextCommitment of Stock

Last updated 7 months ago

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