Applying discounts

You can create a fee code for a standard discount, for example a sibling discount, a discount on boarding fees or a scholarship or bursary. See Debtor Fee Maintenance - General tab.
You need to specify the discount as a percentage, whether the discount:

is based on the gross or nett amounts
alters the nett base amount.

These fields are used in conjunction with the Auto Tuition Sequence to work out discounts and the order in which to apply them. See Why the Auto Tuition Sequence is vital.
When you run the Automatic Tuition program to apply all the charges to debtors' accounts, there are four figures that are automatically calculated:

Field	Description
Gross charge (GC)	The sum of every charge applied to the account up to this point.
Nett charge (NC)	The sum of every charge less any negative discounts where the Discount Alters Nett Base is set for the account up to this point.
Gross charge on the auto tuition type immediately prior (GCIP)	The same as Gross charge, except that it is only the sum of all charges of the prior auto tuition type. Note: The Auto Tuition program maintains a running subtotal of fees and charges and calculates the GCIP discounts using this subtotal. The GCIP is then listed as the next entry in the Auto Tuition Sequence.
Nett charge on the auto tuition type immediately prior (NCIP)	The same as Nett charge, except that it is only the sum of all charges less flagged discounts of the prior auto tuition type. Note: The Auto Tuition program maintains a running subtotal of fees and charges and calculates the NCIP discounts using this subtotal. The NCIP is then listed as the next entry in the Auto Tuition Sequence.

Example of applying discounts
The following example shows how the different settings affect the way that discounts are applied.

Auto Tuition Code	Auto Tuition Seq	Amount / % Disc	NB	Based On	Gross Charge	Nett Charge	Gross IP	Nett IP	Calc Amount
T - Tuition	1	3000			0	0	0	0	3000
SD - Sibling Disc	3	10%	Y	NC	3000	3000	3000	3000	-300
TC - Tuition Conc	4	30%	Y	GC	3000	2700	0	-300	-900
CC - Consolidated	6	500			3000	1800	0	-900	500
B - Boarding	7	2000			3500	2300	500	500	2000
BC - Boarding Disc	10	30 %	Y	GCIP	5500	4300	2000	2000	-600
Total Charges									$ 3700

Legend:

NB = Discount Alters Nett Base
GC = Gross charge
NC = Nett charge
GCIP = Gross charge on the auto tuition type immediately prior
NCIP = Nett charge on the auto tuition type immediately prior

Each row in the table above highlights the following:

Auto Tuition Code	Example highlights that…
T - Tuition	The amount of the tuition fee being charged.
SD - Sibling Disc	A sibling discount of 10% is applied based on the net tuition fee.
TC - Tuition Conc	A tuition concession of 30% is applied on the gross tuition.
CC - Consolidated	A consolidated charge is applied without any discounts.
B - Boarding	A boarding fee is applied without any discounts.
BC - Boarding Disc	A boarding fee discount is calculated on the running subtotal of the gross charge, before the boarding fee discount is applied.

The fee code can have a special meaning with discounts that vary from campus to campus or year level to year level. See Debtor Maintenance - Concessions tab.