The loyalty consumed setup allows the settings of the expired points and redeems points.
Setting the Expiry Setup
To set the expiry setup of the loyalty customers, go to Inventory > Setup > Loyalty Consumed Setup, the loyalty consumed setup page is displayed.
Click on the Update button.
Invoice Upto Date: This field sets the date up to which invoices points will be expired.
Expiry Date: This field sets the expiry date on which the expiry function will execute.
Expiry Mode: This field allows a drop-down with two options: manual and automatic. In the case of the manual option, you have to use the button of Expire Points but in the case of the automatic option, the points will be expired by the system on the given date.
Setting the Redeem Setup
To set the expiry setup of the loyalty customers, go to Inventory > Setup > Loyalty Consumed Setup, the loyalty consumed setup page is displayed.
Click on the Update button.
Redeemded Point: This field sets the number of redeemded points, for example, 1.
Redeemded Point Value: This field sets the value of redeemded point in terms of value or money (depending upon the currency chosen).
Min Redeem Points: This field sets the minimum limit of redeeming points to make this loyalty point function work.
Click on the Save button to implement the changes in setup.