In Marg Software with the use of ‘Collection Discount’ the user can easily give discount to those parties who made the payment before the Due Days over.

In order to feed collection Discount for the party, the user needs to follow the below steps:

• Go to Masters > Ledger Master > Modify Ledger. 

• A 'Ledger Alteration' window will appear.

• The user will press 'F3' key on the particular party whose collection discount needs to be feed.

• Suppose select ‘Ahuja Medicine Centre’.

• Now, the user will select 'Other Detail'.

• An Other details of party will appear.

• In ‘Collection Disc %’ option, the user will mention the discount in percentage.

• Suppose mention ‘10’.

• The user will press ‘Ctrl+W’ key to save the changes

• Now, Create a Sale Bill of that party.

• Suppose create bill of Date '30-11-2022'.

• After loading the Item in Sale bill press 'Tab' key and click on 'Save'.

• A 'Bill Adjustment' window will appear.

• In 'Due Days' option, the user will mention the Due Days as per the requirement.

• Suppose mention '30'.

• Now suppose the Ahuja Medicine Center paid the Bill Amount before the Due Days over on ‘1-12-2022’.

• The user will create Receipt Entry through Marg software.

• The software will auto give Discount to the customer in ‘Short & Excess’.

Note: The user can replace the Short & Excess ledger with Discount ledger as per the requirement.

After the following above steps Collection Discount will get post in Party’s Account.