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Managing POS Discount in Ginesys ERP
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Managing POS Discount in Ginesys ERP

Owned by Aparajita Basu Roy (Unlicensed)
Last updated: Nov 14, 2024
2 min read

A Discount is a deduction from the usual cost of something. Reducing the price of a product to accelerate sales is an established strategy used in every sphere of sales. Appropriate discount pricing strategies with limited price drop for buyers who respond quickly drive-up sales and pitch the product as something that will only be accessible for a short time.

The upcoming release of version 12.25.0 will introduce a real-time approval mechanism for manual discounts at the Point of Sale (POS) level, addressing the challenges brands currently face in managing unauthorized discounts. This feature will enable brand owners to gain greater control and oversight over discounting practices by requiring approval from store management before any manual discount can be applied by cashiers.

Previously, authorized cashiers were able to apply manual discounts without prior approval, leading to the potential for unauthorized discounts to go unnoticed until audits or report reviews, which could result in financial discrepancies. With this new approval mechanism, brands will be able to prevent such discrepancies by ensuring that all manual discounts are properly reviewed and approved before being processed at the POS, safeguarding revenue integrity and improving operational accountability. 

Discounts v/s Promotions
The major difference between the Discounts and Sales Promotions is that in case of discount you will need to provide it manually on the bill or maybe on the item; whereas, in case of sales promotion, it is automatically considered while saving the bill when the item is existing in the promotion. In GINESYS, the Sales Promotion is decided by the Head-Office and is flown from there to the stores, no changes can be made, whereas in Discounts, it flows from Head-Office again but discount can be provided on the need basis.

 

This article is a collation of all articles that will enable creation and management of Discounts through GINESYS in the mentioned order:

  1. Add a discount - Adding Discounts for the store at ERP

  2. Allocate the discount to the POS - Allocating Discount to Ginesys POS

The details of the allocated discounts are synced to the concerned stores. The Discounts in Ginesys POS maybe used in three (3) ways:

  1. When discounts are levied on the entire bill  - How To: Apply Bill Level Discount

  2. When discounts are levied on a single item - How To: Apply Item Level Discount

  3. Discounts can also be levied on Delivery Slips - How To: Apply Delivery Slip wise Discount

To go back to the main page click on the link: How To: Manage Setup in Ginesys Retail

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