Configuring Volume Trade Discounts (VTD)

If you have pre-agreed discounts with your vendors based on the volume of work they complete, you can configure these discounts into Brightflag.

This means that Brightflag will check that the correct discount is being applied to each invoice by your vendors. You will be alerted with a flag whenever the Volume Trade Discount (VTD) on an invoice is incorrect.

Steps to Configure Volume Trade Discounts

1. Navigate to Vendor Management

1. Go to Menu > Vendors > Vendor Management.
2. Use the search bar to locate the relevant vendor.

2. Enable the Volume Discount Feature

• Click on the %VD button next to the vendor's name.
• Note: If the %VD button is not visible, please submit a request to Brightflag Support to activate this feature.

3. Add a Volume Discount

1. Click on +Add Volume Discount.
2. Enter a date range: Specify the period during which the VTD will be applied.
   • Invoices within this range will be included (based on the invoice issue date).
3. Select a fee type: Choose the fees to include in the discount band:
   • Fees - Discount
   • Gross Total
   • Gross Total - Tax
4. Click Save to confirm the Volume Discount creation.

4. Add Discount Bands

1. Click on Add Band.
2. Enter the fee range: Specify the fee range for the band.
3. Enter the discount percentage: Define the discount applicable for this band.
4. Click Save to finalize the configuration.
5. Repeat steps 1–4 to add more bands.

5. Add Additional Date Ranges (Optional)

If you need to create a new VTD configuration (e.g., for a new financial year):

• Follow steps 3–4 to configure the new range.
• Important: Do not delete existing VTD configurations.

⚠️ Caution: Ensure all details are entered correctly to avoid incorrect discount validation.