This article is for NetSuite Legacy Tax users only. If you use NetSuite SuiteTax, read this article for help with adding line-level promotional discounts.
In order to complete the steps in this article, you must have promotional discounts set up. For more information on setting up discounts, read How to create a discount item and How to create a discount map.
When a promotional discount rate is applied to a sales order or invoice line, this is reflected in the Sovos Notional Tax Rate displayed on the line.
To add a line-level promotional discount to a sales order or invoice, follow these steps:
- In the sales order or invoice, create a row below the line of the item you want to apply the discount to.
- In the Item field, select a discount type item from the list, then click Add.
- Price Level, Price, and Amount will automatically update based on how the discount is configured.
- Repeat step 2 to apply multiple discounts to the same item. All discount type lines will be applied to the standard item line above them.
- Click Save.
The Tax Rate value on all lines is automatically updated to reflect the promotional per item tax rate: (Amount – Promotional Discount Amount) / Qty. The actual tax rate that will be applied to the standard product line amount is still reflected in the Notional Tax Rate field.