How are order credits calculated?

Updated Nov 28, 2018

Scrip Manager calculates order credits in two steps to ensure accounting accuracy.

Step 1: Order Placed - When orders are initially placed, credits are calculated using the stored discount percentage for each certificate.

Step 2: Order Filled - When an order is filled, credits are recalculated based on the discount percentages of the inventory used to fill each certificate. Orders are filled using the priority set, which is the oldest inventory first unless manually changed via the current inventory page.

Step 1: Order Placed

Order details after it is placed

Inventory Before Fill

Step 2: Order Filled

Order details after it is filled.

Inventory After Fill

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