How is the Cash Discount Calculated?
The Cash Discount Percent can be found in Setup > Setup POS & POS Devices. It is the inverse of the Non Cash Payment Percent using the formula NCP / 1+NCP using the numerical value.
For example, if Non Cash Payment is 3.75%, the Cash Discount is .0375 / 1 + .0375 = .0361... or 3.61%.
When a ticket is paid in Cash, the 3.61% discount is applied to the Services, Products, Classes and Packages on the ticket and the tax will be updated as well.
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Where can I find my Cash Discount percent?
The Cash Discount percent can be found in Setup > Setup POS & POS Devices. The Cash Discount Formula is the Non Cash Payment Numerical Value / (1+ Non Cash Payment Numerical Value). For example if the NCP is 3.75%, then Cash Discounting is .0375 / (1 ...
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For the Cash Discount to apply, the ticket has to be paid fully in Cash. Example: Service $103.75 Cash Payment $50.00 Non Cash Payment Due $53.75 Cash Payment Due $50.00
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