This topic provides the systematic instructions to capture the Discount details in the application.

1. Specify the Discount details.

   Figure 12-11 Initiate Bills - Discount

   
   

   
   Description of "Figure 12-11 Initiate Bills - Discount"

   
   

   Note:

   The fields which are marked as Required are manadatory.

   For more information refer to the field description table below:

   Table 12-11 Initiate Bills - Discount - Field Description

   Field Name	Description
   Operation Type	Displays the operation type required in the contract.
   Discounting Reference Number	Specify the discount reference number. This field appears, if the operation type is Discount.
   Financing Amount	Specify the financing amount.
   Interest Rate	The slider to increase or decrease interest rate. This field appears, if the operation type is Discount.
   Interest Rate	Displays the interest rate.
   Interest Amount	Displays the description charges applicable.

2. Specify the discounting reference number in the Discounting Reference Number field.
3. Specify the financing amount in the Financing Amount field.
4. Click Fetch Interest.
   The Interest Rate and Interest Amount field appears.
5. Move the Interest Rate slider to increase or decrease the interest rate.
6. Perform any one of the following actions:
   • Click Next to save the entered details and proceed to the next level.

     The Charges and Taxes tab appears in the Initiate Bills screen.

   • Click Save As Draft, system allows transaction details to be saved as a template or draft. (For more details, refer Save As Template or Save As Draft sections.)
   • Click Cancel to cancel the transaction.

     The Dashboard appears.

   • Click Back to go back to previous screen.