Managing Day To Day Operations
| In Bill Discount Term | Discount % | No of Credit Days | |
|---|---|---|---|
| Local | Upcountry | ||
| FCD | 5% | 3 | 5 |
| DCD | 4.25% | 13 | 13 |
| RCD | 3.50% | 20 | 27 |
| DRCD | 2% | 42 | 42 |
| Particulars | Amount |
|---|---|
| Dealer Price List (DPL) | Rs. 100/- |
| Less: In – bill discounts | Rs. 10/- |
| Value | Rs. 90/- |
| Less: Cash Discount (FCD) 5% | Rs. 4.5/- |
| Value (Rs 90 – Rs 4.5) | Rs. 85.5/- |
| Plus (+) GST 18% | Rs. 15.39/- |
| Final Amount | Rs. 100.89/- |
It is a very important part to get yourself aware about. It indicates your on time payment performance in company which results into getting its own advantages or disadvantages
CEI calculation -
Amount paid on time
Amount payable
Advantages of mainaining 90% + CEI
Count among best dealer on payment part
Avoids credit check for placed order - Quick billing & dispatch
Maintaining healthy credit limit - Advantages during season time