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VEECs, ESCs, PRCs and other rebates / subsidies offered as a point of sale discount
You can include virtually any rebate or subsidy as a point of sale discount on a quote, including VEECs, ESC, PRCs (Peak Reduction Certificates) (BESS1 and BESS2). You can even apply multiple subsidies to the same quote.
Method 1 (Quote total GST not affected)
Create a custom inventory item. Go to More Settings > Inventory and click + Create Custom Item
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To add to a quote, open the quote and go to the Pricing page. In the Add inventory item to quote section, search for VEECs. Then adjust the quantity required for that quote.
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Method 2 (Quote total GST is affected) - not usually recommended
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The GST on a rebate is usually subject to a separate invoice between the installer and the government or the agency handling the rebate. Check with your accountant whether this is the case. |
Create a custom inventory item. Go to More Settings > Inventory and click + Create Custom Item
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Select the relevant Category and Create/Save
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Add a Pricing option with a negative price. Leave markup at 0 and Unit of Measure as per item. Click Save.
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To add to a quote, open the quote and go to the Pricing page. In the Add inventory item to quote section, search for the item. Then adjust the quantity required for that quote.
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