This is the step-by-step guide on how to setup Discounts and Comps in BACON.
You can also watch this how-to video:
First step is to go to your "Settings" page for your BACON account under your account name on the upper right corner.
Then toggle the "Discounts and Comps" option in your settings. This setting will be off by default.
Once the discounts and comps option has been turned on, go to your "Accounts" page and create a new account by clicking on the Add button
Upon creating the account, you will need to select the type. Since we're creating a Discounts and Comps account, select that option from the drop-down menu.
For now, we'll name this account "Coupons" and we will add this expense to "Marketing" as an example.
Below the "add expense" option will be a toggle switch to enable your comps automatically every time you enter your Daily Sales. If you don't do comps very often, you may want to keep this option off. For the example, we'll turn it on. Click SAVE when you're done.
We have now setup Discounts and Comps to be enabled and we can apply it to our Daily Sales. When you create a new Sales entry, the "Discounts and Comps" tab will appear in your Sales.
You can set what account/category you would like your discount or coupon to be deducted to (like Wine, Food, etc) but this has to be set manually. In this example, we have $2000 in Food sales and $200 in Wine sales. Our coupons are set to deduct $50 from Food and $40 from Wine. It will all calculate automatically and be saved.
NOTE: The deductions are not yet fully integrated into the reports but will be in the future.