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What is line discount mean


A line-item discount (or product-specific discount) is a discount that's applied to a single product in an order.

What is multi line discount?

A multi-line discount gives customers the incentive to sign up their entire family on one cell phone plan, rather than having each person sign up for their own individual plan. This way, your whole family will be on the same plan, you'll only have one monthly bill, and you'll receive a discount.

What is discount in accounting?

Discount is the deduction in the price of the goods sold. There are two types of discounts: 1. Trade Discount: Offering deduction of an agreed percentage of list price at the time selling goods is one way of giving a discount. Such a discount is called a trade discount.

What is multi line discount in d365?

Discounts are reductions of the regular price of a product or service in order to obtain or increase sales. These discounts—also commonly referred to as "sales" or markdowns—are utilized in a wide range of industries by both retailers and manufacturers.