How to setup MD Discount in 11.3

Owned by Knowledge Assistant
Last updated: Jun 21, 2023
1 min read
Description of Issue

How do I setup discount for MD?

Context
  • Munis
  • MD Tax 
  • Real Estate
  • Discount
  • V11.3
Cause


Resolution

MD Discount is setup in two places. 

Tax Settings

  • Navigate to Property Revenues > Property Tax Billing > South > Maryland > Billing Setup > Tax Settings
  • Select the Collection tab
  • Select Update and set the discount rate and through date for discount rate 1 and discount rate 2
  • Select Accept to save

Charge Codes

  • Navigate to Property Revenues > Property Tax Billing > South > Maryland > Bill Setup > Charge Codes
  • Search for the charge code
  • Update the record and check Subject to Discount
  • Populate the Discount account from the Accounts Tab, then select the Discount Tab
  • Select a discount setting from the drop down
    • If Category Defaults is selected, the dates are maintained in Category Specific AR Settings
      • Navigate to General Revenues > Accounts Receivable > Setup > Accounts Receivable Settings
      • From the Ribbon, select Cat Specific
      • Using the navigator arrows, locate 20 - Real Estate  or 25 - Personal Property
      • Click the Discounts tab
Additional Information