7. Discount, Coupons and Gift Certificates

fmDiscountCoupons - Discount, Coupons and Gift Certificates Section

Discount

In finance and economics, discounting is the process of finding the present value of an amount of cash at some future date, and along with compounding cash forms the basis of time value of money calculations.

The discounted value of a cash flow is determined by reducing its value by the appropriate discount rate for each unit of time between the time when the cash-flow is to be valued to the time of the cash flow.

Most often the discount rate is expressed as an annual rate.

With the help of discount tab you can manage X-Cart orders discounts. You can Refresh , Add , Edit or Delete Discount.

When you press Add or Edit buttons Store Manager calls Edit Discount Window.

Order Properties includes:

Order Total
Discount ID
Discount type - may be Absolute, $ or Percent (%)
Provider - choose your provider name
Membership

Press 'Ok' button to save changes.

You can manage all meanings manually for customer or make general X-Cart product discounts.

Coupons

In marketing a coupon is a ticket or document that can be exchanged for a financial discount or rebate when purchasing a product. Customarily, coupons are issued by manufacturers of consumer packaged goods or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail, magazines, newspapers, the Internet, and mobile devices such as cell phones. Internet coupons have become popular recently, because there is no postal cost, and the printing cost is borne by the user (who prints the coupons) rather than the businesses issuing them.

With the help of Coupons tab you can manage your X-Cart consumers Coupons. You can Refresh , Add , Edit or Delete Coupons: