diff --git a/models/baseModels/AccountingSettings/AccountingSettings.ts b/models/baseModels/AccountingSettings/AccountingSettings.ts
index a600f35b1..86ce363cf 100644
--- a/models/baseModels/AccountingSettings/AccountingSettings.ts
+++ b/models/baseModels/AccountingSettings/AccountingSettings.ts
@@ -16,6 +16,7 @@ export class AccountingSettings extends Doc {
   enableInventory?: boolean;
   enablePriceList?: boolean;
   enableLead?: boolean;
+  enableCouponCode?: boolean;
   enableFormCustomization?: boolean;
   enableInvoiceReturns?: boolean;
   enableLoyaltyProgram?: boolean;
@@ -67,6 +68,8 @@ export class AccountingSettings extends Doc {
     gstin: () => this.fyo.singles.SystemSettings?.countryCode !== 'in',
     enablePricingRule: () =>
       !this.fyo.singles.AccountingSettings?.enableDiscounting,
+    enableCouponCode: () =>
+      !this.fyo.singles.AccountingSettings?.enablePricingRule,
   };
 
   async change(ch: ChangeArg) {
diff --git a/models/baseModels/AppliedCouponCodes/AppliedCouponCodes.ts b/models/baseModels/AppliedCouponCodes/AppliedCouponCodes.ts
new file mode 100644
index 000000000..f7158c1ba
--- /dev/null
+++ b/models/baseModels/AppliedCouponCodes/AppliedCouponCodes.ts
@@ -0,0 +1,107 @@
+import { DocValue } from 'fyo/core/types';
+import { ValidationMap } from 'fyo/model/types';
+import { ValidationError } from 'fyo/utils/errors';
+import { ModelNameEnum } from 'models/types';
+import { Money } from 'pesa';
+import { InvoiceItem } from '../InvoiceItem/InvoiceItem';
+import { getApplicableCouponCodesName } from 'models/helpers';
+import { SalesInvoice } from '../SalesInvoice/SalesInvoice';
+
+export class AppliedCouponCodes extends InvoiceItem {
+  coupons?: string;
+
+  validations: ValidationMap = {
+    coupons: async (value: DocValue) => {
+      if (!value) {
+        return;
+      }
+
+      const coupon = await this.fyo.db.getAll(ModelNameEnum.CouponCode, {
+        fields: [
+          'minAmount',
+          'maxAmount',
+          'pricingRule',
+          'validFrom',
+          'validTo',
+          'maximumUse',
+          'used',
+          'isEnabled',
+        ],
+        filters: { name: value as string },
+      });
+
+      if (!coupon[0].isEnabled) {
+        throw new ValidationError(
+          'Coupon code cannot be applied as it is not enabled'
+        );
+      }
+
+      if ((coupon[0]?.maximumUse as number) <= (coupon[0]?.used as number)) {
+        throw new ValidationError(
+          'Coupon code has been used maximum number of times'
+        );
+      }
+
+      const applicableCouponCodesNames = await getApplicableCouponCodesName(
+        value as string,
+        this.parentdoc as SalesInvoice
+      );
+
+      if (!applicableCouponCodesNames?.length) {
+        throw new ValidationError(
+          this.fyo.t`Coupon ${
+            value as string
+          } is not applicable for applied items.`
+        );
+      }
+
+      const couponExist = this.parentdoc?.coupons?.some(
+        (coupon) => coupon?.coupons === value
+      );
+
+      if (couponExist) {
+        throw new ValidationError(
+          this.fyo.t`${value as string} already applied.`
+        );
+      }
+
+      if (
+        (coupon[0].minAmount as Money).gte(
+          this.parentdoc?.grandTotal as Money
+        ) &&
+        !(coupon[0].minAmount as Money).isZero()
+      ) {
+        throw new ValidationError(
+          this.fyo.t`The Grand Total must exceed ${
+            (coupon[0].minAmount as Money).float
+          } to apply the coupon ${value as string}.`
+        );
+      }
+
+      if (
+        (coupon[0].maxAmount as Money).lte(
+          this.parentdoc?.grandTotal as Money
+        ) &&
+        !(coupon[0].maxAmount as Money).isZero()
+      ) {
+        throw new ValidationError(
+          this.fyo.t`The Grand Total must be less than ${
+            (coupon[0].maxAmount as Money).float
+          } to apply this coupon.`
+        );
+      }
+
+      if ((coupon[0].validFrom as Date) > (this.parentdoc?.date as Date)) {
+        throw new ValidationError(
+          this.fyo.t`Valid From Date should be less than Valid To Date.`
+        );
+      }
+
+      if ((coupon[0].validTo as Date) < (this.parentdoc?.date as Date)) {
+        throw new ValidationError(
+          this.fyo.t`Valid To Date should be greater than Valid From Date.`
+        );
+      }
+    },
+  };
+}
diff --git a/models/baseModels/CouponCode/CouponCode.ts b/models/baseModels/CouponCode/CouponCode.ts
new file mode 100644
index 000000000..7f26efdc2
--- /dev/null
+++ b/models/baseModels/CouponCode/CouponCode.ts
@@ -0,0 +1,192 @@
+import { DocValue } from 'fyo/core/types';
+import { Doc } from 'fyo/model/doc';
+import {
+  FiltersMap,
+  FormulaMap,
+  ListViewSettings,
+  ValidationMap,
+} from 'fyo/model/types';
+import { ValidationError } from 'fyo/utils/errors';
+import { t } from 'fyo';
+import { Money } from 'pesa';
+import { ModelNameEnum } from 'models/types';
+import { SalesInvoice } from '../SalesInvoice/SalesInvoice';
+import { ApplicableCouponCodes } from '../Invoice/types';
+
+export class CouponCode extends Doc {
+  name?: string;
+  couponName?: string;
+  pricingRule?: string;
+
+  validFrom?: Date;
+  validTo?: Date;
+
+  minAmount?: Money;
+  maxAmount?: Money;
+
+  removeUnusedCoupons(coupons: ApplicableCouponCodes[], sinvDoc: SalesInvoice) {
+    if (!coupons.length) {
+      sinvDoc.coupons = [];
+
+      return;
+    }
+
+    sinvDoc.coupons = sinvDoc.coupons!.filter((coupon) => {
+      return coupons.find((c: ApplicableCouponCodes) =>
+        coupon?.coupons?.includes(c?.coupon)
+      );
+    });
+  }
+
+  formulas: FormulaMap = {
+    name: {
+      formula: () => {
+        return this.couponName?.replace(/\s+/g, '').toUpperCase().slice(0, 8);
+      },
+      dependsOn: ['couponName'],
+    },
+  };
+
+  async pricingRuleData() {
+    return await this.fyo.db.getAll(ModelNameEnum.PricingRule, {
+      fields: ['minAmount', 'maxAmount', 'validFrom', 'validTo'],
+      filters: {
+        name: this.pricingRule as string,
+      },
+    });
+  }
+
+  validations: ValidationMap = {
+    minAmount: async (value: DocValue) => {
+      if (!value || !this.maxAmount || !this.pricingRule) {
+        return;
+      }
+
+      const [pricingRuleData] = await this.pricingRuleData();
+
+      if (
+        (pricingRuleData?.minAmount as Money).isZero() &&
+        (pricingRuleData.maxAmount as Money).isZero()
+      ) {
+        return;
+      }
+
+      const { minAmount } = pricingRuleData;
+
+      if ((value as Money).isZero() && this.maxAmount.isZero()) {
+        return;
+      }
+
+      if ((value as Money).lt(minAmount as Money)) {
+        throw new ValidationError(
+          t`Minimum Amount should be greather than the Pricing Rule's Minimum Amount.`
+        );
+      }
+
+      if ((value as Money).gte(this.maxAmount)) {
+        throw new ValidationError(
+          t`Minimum Amount should be less than the Maximum Amount.`
+        );
+      }
+    },
+    maxAmount: async (value: DocValue) => {
+      if (!this.minAmount || !value || !this.pricingRule) {
+        return;
+      }
+
+      const [pricingRuleData] = await this.pricingRuleData();
+
+      if (
+        (pricingRuleData?.minAmount as Money).isZero() &&
+        (pricingRuleData.maxAmount as Money).isZero()
+      ) {
+        return;
+      }
+
+      const { maxAmount } = pricingRuleData;
+
+      if (this.minAmount.isZero() && (value as Money).isZero()) {
+        return;
+      }
+
+      if ((value as Money).gt(maxAmount as Money)) {
+        throw new ValidationError(
+          t`Maximum Amount should be lesser than Pricing Rule's Maximum Amount`
+        );
+      }
+
+      if ((value as Money).lte(this.minAmount)) {
+        throw new ValidationError(
+          t`Maximum Amount should be greater than the Minimum Amount.`
+        );
+      }
+    },
+    validFrom: async (value: DocValue) => {
+      if (!value || !this.validTo || !this.pricingRule) {
+        return;
+      }
+
+      const [pricingRuleData] = await this.pricingRuleData();
+
+      if (!pricingRuleData?.validFrom && !pricingRuleData.validTo) {
+        return;
+      }
+
+      const { validFrom } = pricingRuleData;
+      if (
+        validFrom &&
+        (value as Date).toISOString() < (validFrom as Date).toISOString()
+      ) {
+        throw new ValidationError(
+          t`Valid From Date should be greather than Pricing Rule's Valid From Date.`
+        );
+      }
+
+      if ((value as Date).toISOString() >= this.validTo.toISOString()) {
+        throw new ValidationError(
+          t`Valid From Date should be less than Valid To Date.`
+        );
+      }
+    },
+    validTo: async (value: DocValue) => {
+      if (!this.validFrom || !value || !this.pricingRule) {
+        return;
+      }
+
+      const [pricingRuleData] = await this.pricingRuleData();
+
+      if (!pricingRuleData?.validFrom && !pricingRuleData.validTo) {
+        return;
+      }
+
+      const { validTo } = pricingRuleData;
+
+      if (
+        validTo &&
+        (value as Date).toISOString() > (validTo as Date).toISOString()
+      ) {
+        throw new ValidationError(
+          t`Valid To Date should be lesser than Pricing Rule's Valid To Date.`
+        );
+      }
+
+      if ((value as Date).toISOString() <= this.validFrom.toISOString()) {
+        throw new ValidationError(
+          t`Valid To Date should be greater than Valid From Date.`
+        );
+      }
+    },
+  };
+
+  static filters: FiltersMap = {
+    pricingRule: () => ({
+      isCouponCodeBased: true,
+    }),
+  };
+
+  static getListViewSettings(): ListViewSettings {
+    return {
+      columns: ['name', 'couponName', 'pricingRule', 'maximumUse', 'used'],
+    };
+  }
+}
diff --git a/models/baseModels/Invoice/Invoice.ts b/models/baseModels/Invoice/Invoice.ts
index 6cccedef4..28cb2e2f8 100644
--- a/models/baseModels/Invoice/Invoice.ts
+++ b/models/baseModels/Invoice/Invoice.ts
@@ -13,10 +13,12 @@ import { ValidationError } from 'fyo/utils/errors';
 import { Transactional } from 'models/Transactional/Transactional';
 import {
   addItem,
+  canApplyCouponCode,
   canApplyPricingRule,
   createLoyaltyPointEntry,
   filterPricingRules,
   getAddedLPWithGrandTotal,
+  getApplicableCouponCodesName,
   getExchangeRate,
   getNumberSeries,
   getPricingRulesConflicts,
@@ -39,9 +41,14 @@ import { TaxSummary } from '../TaxSummary/TaxSummary';
 import { ReturnDocItem } from 'models/inventory/types';
 import { AccountFieldEnum, PaymentTypeEnum } from '../Payment/types';
 import { PricingRule } from '../PricingRule/PricingRule';
-import { ApplicablePricingRules } from './types';
+import { ApplicableCouponCodes, ApplicablePricingRules } from './types';
 import { PricingRuleDetail } from '../PricingRuleDetail/PricingRuleDetail';
 import { LoyaltyProgram } from '../LoyaltyProgram/LoyaltyProgram';
+import { AppliedCouponCodes } from '../AppliedCouponCodes/AppliedCouponCodes';
+import { CouponCode } from '../CouponCode/CouponCode';
+import { SalesInvoice } from '../SalesInvoice/SalesInvoice';
+import { SalesInvoiceItem } from '../SalesInvoiceItem/SalesInvoiceItem';
+import { PriceListItem } from '../PriceList/PriceListItem';
 
 export type TaxDetail = {
   account: string;
@@ -61,6 +68,7 @@ export abstract class Invoice extends Transactional {
   taxes?: TaxSummary[];
 
   items?: InvoiceItem[];
+  coupons?: AppliedCouponCodes[];
   party?: string;
   account?: string;
   currency?: string;
@@ -187,6 +195,9 @@ export abstract class Invoice extends Transactional {
 
     if (this.isReturn) {
       await this._removeLoyaltyPointEntry();
+      this.reduceUsedCountOfCoupons();
+
+      return;
     }
 
     if (this.isQuote) {
@@ -228,6 +239,10 @@ export abstract class Invoice extends Transactional {
 
     await this._updateIsItemsReturned();
     await this._createLoyaltyPointEntry();
+
+    if (this.schemaName === ModelNameEnum.SalesInvoice) {
+      this.updateUsedCountOfCoupons();
+    }
   }
 
   async afterCancel() {
@@ -236,12 +251,10 @@ export abstract class Invoice extends Transactional {
     await this._updatePartyOutStanding();
     await this._updateIsItemsReturned();
     await this._removeLoyaltyPointEntry();
+    this.reduceUsedCountOfCoupons();
   }
 
   async _removeLoyaltyPointEntry() {
-    if (!this.loyaltyProgram) {
-      return;
-    }
     await removeLoyaltyPoint(this);
   }
 
@@ -545,6 +558,31 @@ export abstract class Invoice extends Transactional {
     return newReturnDoc;
   }
 
+  updateUsedCountOfCoupons() {
+    this.coupons?.map(async (coupon) => {
+      const couponDoc = await this.fyo.doc.getDoc(
+        ModelNameEnum.CouponCode,
+        coupon.coupons
+      );
+
+      await couponDoc.setAndSync({ used: (couponDoc.used as number) + 1 });
+    });
+  }
+  reduceUsedCountOfCoupons() {
+    if (!this.coupons?.length) {
+      return;
+    }
+
+    this.coupons?.map(async (coupon) => {
+      const couponDoc = await this.fyo.doc.getDoc(
+        ModelNameEnum.CouponCode,
+        coupon.coupons
+      );
+
+      await couponDoc.setAndSync({ used: (couponDoc.used as number) - 1 });
+    });
+  }
+
   async _updateIsItemsReturned() {
     if (!this.isReturn || !this.returnAgainst || this.isQuote) {
       return;
@@ -727,7 +765,7 @@ export abstract class Invoice extends Transactional {
         await this.appendPricingRuleDetail(pricingRule);
         return !!pricingRule;
       },
-      dependsOn: ['items'],
+      dependsOn: ['items', 'coupons'],
     },
   };
 
@@ -1035,6 +1073,31 @@ export abstract class Invoice extends Transactional {
     } else {
       this.clearFreeItems();
     }
+
+    if (!this.coupons?.length) {
+      return;
+    }
+
+    const applicableCouponCodes = await Promise.all(
+      this.coupons?.map(async (coupon) => {
+        return await getApplicableCouponCodesName(
+          coupon.coupons as string,
+          this as SalesInvoice
+        );
+      })
+    );
+
+    const flattedApplicableCouponCodes = applicableCouponCodes?.flat();
+
+    const couponCodeDoc = (await this.fyo.doc.getDoc(
+      ModelNameEnum.CouponCode,
+      this.coupons[0].coupons
+    )) as CouponCode;
+
+    couponCodeDoc.removeUnusedCoupons(
+      flattedApplicableCouponCodes as ApplicableCouponCodes[],
+      this as SalesInvoice
+    );
   }
 
   async beforeCancel(): Promise<void> {
@@ -1259,6 +1322,21 @@ export abstract class Invoice extends Transactional {
     }
   }
 
+  async getPricingRuleDocNames(
+    item: SalesInvoiceItem,
+    sinvDoc: SalesInvoice
+  ): Promise<string[]> {
+    const docs = (await sinvDoc.fyo.db.getAll(ModelNameEnum.PricingRuleItem, {
+      fields: ['parent'],
+      filters: {
+        item: item.item as string,
+        unit: item.unit as string,
+      },
+    })) as PriceListItem[];
+
+    return docs.map((doc) => doc.parent) as string[];
+  }
+
   async getPricingRule(): Promise<ApplicablePricingRules[] | undefined> {
     if (!this.isSales || !this.items) {
       return;
@@ -1288,15 +1366,49 @@ export abstract class Invoice extends Transactional {
         continue;
       }
 
-      const pricingRuleDocNames = (
-        await this.fyo.db.getAll(ModelNameEnum.PricingRuleItem, {
-          fields: ['parent'],
-          filters: {
-            item: item.item as string,
-            unit: item.unit as string,
-          },
-        })
-      ).map((doc) => doc.parent) as string[];
+      const pricingRuleDocNames = await this.getPricingRuleDocNames(
+        item,
+        this as SalesInvoice
+      );
+
+      if (!pricingRuleDocNames.length) {
+        continue;
+      }
+
+      if (this.coupons?.length) {
+        for (const coupon of this.coupons) {
+          const couponCodeDatas = await this.fyo.db.getAll(
+            ModelNameEnum.CouponCode,
+            {
+              fields: ['*'],
+              filters: {
+                name: coupon?.coupons as string,
+                isEnabled: true,
+              },
+            }
+          );
+
+          const couponPricingRuleDocNames = couponCodeDatas
+            .map((doc) => doc.pricingRule)
+            .filter((val) =>
+              pricingRuleDocNames.includes(val as string)
+            ) as string[];
+
+          if (!couponPricingRuleDocNames.length) {
+            continue;
+          }
+
+          const filtered = canApplyCouponCode(
+            couponCodeDatas[0] as CouponCode,
+            this.grandTotal as Money,
+            this.date as Date
+          );
+
+          if (filtered) {
+            pricingRuleDocNames.push(...couponPricingRuleDocNames);
+          }
+        }
+      }
 
       const pricingRuleDocsForItem = (await this.fyo.db.getAll(
         ModelNameEnum.PricingRule,
@@ -1311,6 +1423,50 @@ export abstract class Invoice extends Transactional {
         }
       )) as PricingRule[];
 
+      if (pricingRuleDocsForItem[0].isCouponCodeBased) {
+        if (!this.coupons?.length) {
+          continue;
+        }
+
+        const data = await Promise.allSettled(
+          this.coupons?.map(async (val) => {
+            if (!val.coupons) {
+              return false;
+            }
+
+            const [pricingRule] = (
+              await this.fyo.db.getAll(ModelNameEnum.CouponCode, {
+                fields: ['pricingRule'],
+                filters: {
+                  name: val?.coupons,
+                },
+              })
+            ).map((doc) => doc.pricingRule);
+
+            if (!pricingRule) {
+              return false;
+            }
+
+            if (pricingRuleDocsForItem[0].name === pricingRule) {
+              return pricingRule;
+            }
+
+            return false;
+          })
+        );
+
+        const fulfilledData = data
+          .filter(
+            (result): result is PromiseFulfilledResult<string | false> =>
+              result.status === 'fulfilled'
+          )
+          .map((result) => result.value as string);
+
+        if (!fulfilledData[0] && !fulfilledData.filter((val) => val).length) {
+          continue;
+        }
+      }
+
       const filtered = filterPricingRules(
         pricingRuleDocsForItem,
         this.date as Date,
diff --git a/models/baseModels/Invoice/types.ts b/models/baseModels/Invoice/types.ts
index 50362b213..80e1d8f89 100644
--- a/models/baseModels/Invoice/types.ts
+++ b/models/baseModels/Invoice/types.ts
@@ -4,3 +4,8 @@ export interface ApplicablePricingRules {
   applyOnItem: string;
   pricingRule: PricingRule;
 }
+
+export interface ApplicableCouponCodes {
+  pricingRule: string;
+  coupon: string;
+}
diff --git a/models/baseModels/PricingRule/PricingRule.ts b/models/baseModels/PricingRule/PricingRule.ts
index 31888d6f7..88b6f207f 100644
--- a/models/baseModels/PricingRule/PricingRule.ts
+++ b/models/baseModels/PricingRule/PricingRule.ts
@@ -23,6 +23,8 @@ export class PricingRule extends Doc {
   discountPercentage?: number;
   discountAmount?: Money;
 
+  isCouponCodeBased?: boolean;
+
   forPriceList?: string;
 
   freeItem?: string;
diff --git a/models/baseModels/tests/testCouponCodes.spec.ts b/models/baseModels/tests/testCouponCodes.spec.ts
new file mode 100644
index 000000000..a7d26956a
--- /dev/null
+++ b/models/baseModels/tests/testCouponCodes.spec.ts
@@ -0,0 +1,298 @@
+import test from 'tape';
+import { closeTestFyo, getTestFyo, setupTestFyo } from 'tests/helpers';
+import { ModelNameEnum } from 'models/types';
+import { getItem } from 'models/inventory/tests/helpers';
+import { SalesInvoice } from '../SalesInvoice/SalesInvoice';
+import { PricingRule } from '../PricingRule/PricingRule';
+import { assertThrows } from 'backend/database/tests/helpers';
+
+const fyo = getTestFyo();
+setupTestFyo(fyo, __filename);
+
+const itemMap = {
+  Jacket: {
+    name: 'Jacket',
+    rate: 1000,
+    unit: 'Unit',
+  },
+  Cap: {
+    name: 'Cap',
+    rate: 100,
+    unit: 'Unit',
+  },
+};
+
+const partyMap = {
+  partyOne: {
+    name: 'Daisy',
+    email: 'daisy@alien.com',
+    account: 'Debtors',
+  },
+};
+
+const pricingRuleMap = [
+  {
+    name: 'PRLE-1001',
+    title: 'JKT PDR Offer',
+    isCouponCodeBased: true,
+    appliedItems: [{ item: itemMap.Jacket.name }],
+    discountType: 'Price Discount',
+    priceDiscountType: 'rate',
+    discountRate: 800,
+    minQuantity: 4,
+    maxQuantity: 6,
+    minAmount: fyo.pesa(4000),
+    maxAmount: fyo.pesa(6000),
+    validFrom: '2024-02-01',
+    validTo: '2024-02-29',
+    priority: '1',
+  },
+  {
+    name: 'PRLE-1002',
+    title: 'CAP PDR Offer',
+    appliedItems: [{ item: itemMap.Cap.name }],
+    discountType: 'Product Discount',
+    freeItem: 'Cap',
+    freeItemQuantity: 1,
+    freeItemUnit: 'Unit',
+    freeItemRate: 0,
+    minQuantity: 4,
+    maxQuantity: 6,
+    minAmount: 200,
+    maxAmount: 1000,
+    validFrom: '2024-02-01',
+    validTo: '2024-02-29',
+    priority: '1',
+  },
+];
+const couponCodesMap = [
+  {
+    name: 'COUPON1',
+    isEnabled: true,
+    couponName: 'coupon1',
+    pricingRule: pricingRuleMap[0].name,
+    maximumUse: 5,
+    used: 0,
+    minAmount: fyo.pesa(4000),
+    maxAmount: fyo.pesa(6000),
+    validFrom: '2024-02-01',
+    validTo: '2024-02-29',
+  },
+  {
+    name: 'COUPON2',
+    couponName: 'coupon2',
+    pricingRule: pricingRuleMap[1].name,
+    maximumUse: 1,
+    used: 0,
+    minAmount: 200,
+    maxAmount: 1000,
+    validFrom: '2024-02-01',
+    validTo: '2024-02-29',
+  },
+];
+
+test(' Coupon Codes: create dummy item, party, pricing rules, coupon codes', async (t) => {
+  // Create Items
+  for (const { name, rate } of Object.values(itemMap)) {
+    const item = getItem(name, rate, false);
+
+    await fyo.doc.getNewDoc(ModelNameEnum.Item, item).sync();
+
+    t.ok(await fyo.db.exists(ModelNameEnum.Item, name), `Item: ${name} exists`);
+  }
+
+  // Create Party
+  await fyo.doc.getNewDoc(ModelNameEnum.Party, partyMap.partyOne).sync();
+
+  t.ok(
+    await fyo.db.exists(ModelNameEnum.Party, partyMap.partyOne.name),
+    `Party: ${partyMap.partyOne.name} exists`
+  );
+
+  // Create Pricing Rules
+  for (const pricingRule of Object.values(pricingRuleMap)) {
+    await fyo.doc.getNewDoc(ModelNameEnum.PricingRule, pricingRule).sync();
+
+    t.ok(
+      await fyo.db.exists(ModelNameEnum.PricingRule, pricingRule.name),
+      `Pricing Rule: ${pricingRule.name} exists`
+    );
+  }
+
+  await fyo.singles.AccountingSettings?.set('enablePricingRule', true);
+
+  t.ok(fyo.singles.AccountingSettings?.enablePricingRule);
+
+  // Create Coupon Codes
+  for (const couponCodes of Object.values(couponCodesMap)) {
+    await fyo.doc.getNewDoc(ModelNameEnum.CouponCode, couponCodes).sync();
+
+    t.ok(
+      await fyo.db.exists(ModelNameEnum.CouponCode, couponCodes.name),
+      `Coupoon Code: ${couponCodes.name} exists`
+    );
+  }
+
+  await fyo.singles.AccountingSettings?.set('enableCouponCode', true);
+
+  t.ok(fyo.singles.AccountingSettings?.enableCouponCode);
+});
+
+test('disabled coupon codes is not applied', async (t) => {
+  const sinv = fyo.doc.getNewDoc(ModelNameEnum.SalesInvoice, {
+    date: '2024-01-20T18:30:00.000Z',
+    party: partyMap.partyOne.name,
+    account: partyMap.partyOne.account,
+  }) as SalesInvoice;
+
+  await sinv.append('items', {
+    item: itemMap.Jacket.name,
+    quantity: 5,
+    rate: itemMap.Jacket.rate,
+  });
+
+  await sinv.append('coupons', {
+    coupons: couponCodesMap[0].name,
+  });
+
+  await sinv.runFormulas();
+
+  t.equal(sinv.pricingRuleDetail?.length, undefined);
+});
+
+test('Coupon code not created: coupons min amount must be lesser than coupons max.', async (t) => {
+  couponCodesMap[0].minAmount = fyo.pesa(7000);
+
+  const ccodeDoc = fyo.doc.getNewDoc(
+    ModelNameEnum.CouponCode,
+    couponCodesMap[0]
+  ) as PricingRule;
+
+  await assertThrows(
+    async () => await ccodeDoc.sync(),
+    'Minimum Amount should be less than the Maximum Amount'
+  );
+});
+
+test('Coupon code not created: pricing rules max amount is lower than the coupons min.', async (t) => {
+  couponCodesMap[0].minAmount = fyo.pesa(3000);
+
+  const ccodeDoc = fyo.doc.getNewDoc(
+    ModelNameEnum.CouponCode,
+    couponCodesMap[0]
+  ) as PricingRule;
+
+  await assertThrows(
+    async () => await ccodeDoc.sync(),
+    "Minimum Amount should be greather than the Pricing Rule's Minimum Amount"
+  );
+});
+
+test('coupon code not created: pricing rules max amount is lower than the coupons max.', async (t) => {
+  couponCodesMap[0].maxAmount = fyo.pesa(7000);
+
+  const ccodeDoc = fyo.doc.getNewDoc(
+    ModelNameEnum.CouponCode,
+    couponCodesMap[0]
+  ) as PricingRule;
+
+  await assertThrows(
+    async () => await ccodeDoc.sync(),
+    "Maximum Amount should be lesser than Pricing Rule's Maximum Amount"
+  );
+});
+
+test("coupon code is not applied when coupon's validfrom date < coupon's validTo date", async (t) => {
+  couponCodesMap[0].minAmount = fyo.pesa(4000);
+  couponCodesMap[0].maxAmount = fyo.pesa(6000);
+  couponCodesMap[0].validTo = '2024-01-10';
+
+  const ccodeDoc = fyo.doc.getNewDoc(
+    ModelNameEnum.CouponCode,
+    couponCodesMap[0]
+  ) as PricingRule;
+
+  await assertThrows(
+    async () => await ccodeDoc.sync(),
+    'Valid From Date should be less than Valid To Date'
+  );
+});
+
+test("coupon code is not applied when coupon's validFrom date < pricing rule's validFrom date", async (t) => {
+  couponCodesMap[0].validFrom = '2024-01-01';
+
+  const ccodeDoc = fyo.doc.getNewDoc(
+    ModelNameEnum.CouponCode,
+    couponCodesMap[0]
+  ) as PricingRule;
+
+  await assertThrows(
+    async () => await ccodeDoc.sync(),
+    "Valid From Date should be greather than Pricing Rule's Valid From Date"
+  );
+});
+
+test("coupon code is not applied when coupon's validTo date > pricing rule's validTo date", async (t) => {
+  couponCodesMap[0].validFrom = '2024-02-01';
+  couponCodesMap[0].validTo = '2024-03-01';
+
+  const ccodeDoc = fyo.doc.getNewDoc(
+    ModelNameEnum.CouponCode,
+    couponCodesMap[0]
+  ) as PricingRule;
+
+  await assertThrows(
+    async () => await ccodeDoc.sync(),
+    "Valid To Date should be lesser than Pricing Rule's Valid To Date"
+  );
+});
+
+test('apply coupon code', async (t) => {
+  couponCodesMap[0].name = 'COUPON1';
+  couponCodesMap[0].validTo = '2024-02-29';
+
+  const sinv = fyo.doc.getNewDoc(ModelNameEnum.SalesInvoice, {
+    date: '2024-02-10',
+    party: partyMap.partyOne.name,
+  }) as SalesInvoice;
+
+  await sinv.append('items', {
+    item: itemMap.Jacket.name,
+    quantity: 5,
+    rate: itemMap.Jacket.rate,
+  });
+
+  await sinv.append('coupons', { coupons: couponCodesMap[0].name });
+  await sinv.runFormulas();
+
+  t.equal(sinv.pricingRuleDetail?.length, 1);
+
+  t.equal(
+    sinv.pricingRuleDetail![0].referenceName,
+    pricingRuleMap[0].name,
+    'Pricing Rule is applied'
+  );
+});
+
+test('Coupon not applied: incorrect items added.', async (t) => {
+  const sinv = fyo.doc.getNewDoc(ModelNameEnum.SalesInvoice, {
+    date: '2024-02-10',
+    party: partyMap.partyOne.name,
+    account: partyMap.partyOne.account,
+  }) as SalesInvoice;
+
+  await sinv.append('items', {
+    item: itemMap.Cap.name,
+    quantity: 5,
+    rate: itemMap.Cap.rate,
+  });
+
+  await sinv.append('coupons', { coupons: couponCodesMap[0].name });
+
+  await sinv.runFormulas();
+  await sinv.sync();
+
+  t.equal(sinv.coupons?.length, 0, 'coupon code is not applied');
+});
+
+closeTestFyo(fyo, __filename);
diff --git a/models/baseModels/tests/testPricingRule.spec.ts b/models/baseModels/tests/testPricingRule.spec.ts
index dfffab3cc..515c6e993 100644
--- a/models/baseModels/tests/testPricingRule.spec.ts
+++ b/models/baseModels/tests/testPricingRule.spec.ts
@@ -2,10 +2,6 @@ import test from 'tape';
 import { closeTestFyo, getTestFyo, setupTestFyo } from 'tests/helpers';
 import { ModelNameEnum } from 'models/types';
 import { SalesInvoice } from '../SalesInvoice/SalesInvoice';
-import {
-  assertDoesNotThrow,
-  assertThrows,
-} from 'backend/database/tests/helpers';
 import { getItem } from 'models/inventory/tests/helpers';
 import { PricingRule } from '../PricingRule/PricingRule';
 
@@ -104,7 +100,7 @@ test('disabled pricing rule is not applied', async (t) => {
   await sinv.append('items', { item: itemMap.Jacket.name, quantity: 5 });
   await sinv.runFormulas();
 
-  t.equal(sinv.pricingRuleDetail?.length, undefined);
+  t.equal(sinv.pricingRuleDetail?.length, 0);
 });
 
 test('pricing rule is applied when filtered by min and max qty', async (t) => {
diff --git a/models/helpers.ts b/models/helpers.ts
index 167096d35..141ecc9c8 100644
--- a/models/helpers.ts
+++ b/models/helpers.ts
@@ -28,6 +28,8 @@ import { LoyaltyProgram } from './baseModels/LoyaltyProgram/LoyaltyProgram';
 import { CollectionRulesItems } from './baseModels/CollectionRulesItems/CollectionRulesItems';
 import { isPesa } from 'fyo/utils';
 import { Party } from './baseModels/Party/Party';
+import { CouponCode } from './baseModels/CouponCode/CouponCode';
+import { SalesInvoice } from './baseModels/SalesInvoice/SalesInvoice';
 
 export function getQuoteActions(
   fyo: Fyo,
@@ -584,8 +586,6 @@ export async function getExchangeRate({
     };
     exchangeRate = data.rates[toCurrency];
   } catch (error) {
-    // eslint-disable-next-line no-console
-    console.error(error);
     exchangeRate ??= 1;
   }
 
@@ -762,6 +762,10 @@ export function getLoyaltyProgramTier(
 }
 
 export async function removeLoyaltyPoint(doc: Doc) {
+  if (!doc.loyaltyProgram) {
+    return;
+  }
+
   const data = (await doc.fyo.db.getAll(ModelNameEnum.LoyaltyPointEntry, {
     fields: ['name', 'loyaltyPoints', 'expiryDate'],
     filters: {
@@ -916,6 +920,7 @@ export function canApplyPricingRule(
   ) {
     return false;
   }
+
   if (
     pricingRuleDoc.validTo &&
     new Date(sinvDate.setHours(0, 0, 0, 0)).toISOString() >
@@ -925,6 +930,82 @@ export function canApplyPricingRule(
   }
   return true;
 }
+
+export function canApplyCouponCode(
+  couponCodeData: CouponCode,
+  amount: Money,
+  sinvDate: Date
+): boolean {
+  // Filter by Amount
+  if (
+    !couponCodeData.minAmount?.isZero() &&
+    amount.lte(couponCodeData.minAmount as Money)
+  ) {
+    return false;
+  }
+
+  if (
+    !couponCodeData.maxAmount?.isZero() &&
+    amount.gte(couponCodeData.maxAmount as Money)
+  ) {
+    return false;
+  }
+
+  // Filter by Validity
+  if (
+    couponCodeData.validFrom &&
+    new Date(sinvDate.setHours(0, 0, 0, 0)).toISOString() <
+      couponCodeData.validFrom.toISOString()
+  ) {
+    return false;
+  }
+
+  if (
+    couponCodeData.validTo &&
+    new Date(sinvDate.setHours(0, 0, 0, 0)).toISOString() >
+      couponCodeData.validTo.toISOString()
+  ) {
+    return false;
+  }
+
+  return true;
+}
+
+export async function getApplicableCouponCodesName(
+  couponName: string,
+  sinvDoc: SalesInvoice
+) {
+  const couponCodeDatas = (await sinvDoc.fyo.db.getAll(
+    ModelNameEnum.CouponCode,
+    {
+      fields: ['*'],
+      filters: {
+        name: couponName,
+        isEnabled: true,
+      },
+    }
+  )) as CouponCode[];
+
+  if (!couponCodeDatas || couponCodeDatas.length === 0) {
+    return [];
+  }
+
+  const applicablePricingRules = await getPricingRule(sinvDoc);
+
+  if (!applicablePricingRules?.length) {
+    return [];
+  }
+
+  return applicablePricingRules
+    ?.filter(
+      (rule) => rule?.pricingRule?.name === couponCodeDatas[0].pricingRule
+    )
+    .map((rule) => ({
+      pricingRule: rule.pricingRule.name,
+      coupon: couponCodeDatas[0].name,
+    }));
+}
+
 export function getPricingRulesConflicts(
   pricingRules: PricingRule[]
 ): undefined | boolean {
diff --git a/models/index.ts b/models/index.ts
index ace9901e7..ed4973b3e 100644
--- a/models/index.ts
+++ b/models/index.ts
@@ -13,6 +13,8 @@ import { LoyaltyProgram } from './baseModels/LoyaltyProgram/LoyaltyProgram';
 import { LoyaltyPointEntry } from './baseModels/LoyaltyPointEntry/LoyaltyPointEntry';
 import { CollectionRulesItems } from './baseModels/CollectionRulesItems/CollectionRulesItems';
 import { Lead } from './baseModels/Lead/Lead';
+import { AppliedCouponCodes } from './baseModels/AppliedCouponCodes/AppliedCouponCodes';
+import { CouponCode } from './baseModels/CouponCode/CouponCode';
 import { Payment } from './baseModels/Payment/Payment';
 import { PaymentFor } from './baseModels/PaymentFor/PaymentFor';
 import { PriceList } from './baseModels/PriceList/PriceList';
@@ -64,6 +66,7 @@ export const models = {
   LoyaltyProgram,
   LoyaltyPointEntry,
   CollectionRulesItems,
+  CouponCode,
   Payment,
   PaymentFor,
   PrintSettings,
@@ -75,6 +78,7 @@ export const models = {
   PurchaseInvoiceItem,
   SalesInvoice,
   SalesInvoiceItem,
+  AppliedCouponCodes,
   SalesQuote,
   SalesQuoteItem,
   SerialNumber,
diff --git a/models/types.ts b/models/types.ts
index 9b127d909..2420b8feb 100644
--- a/models/types.ts
+++ b/models/types.ts
@@ -22,6 +22,9 @@ export enum ModelNameEnum {
   LoyaltyProgram = 'LoyaltyProgram',
   LoyaltyPointEntry = 'LoyaltyPointEntry',
   CollectionRulesItems = 'CollectionRulesItems',
+  CouponCode = 'CouponCode',
+
+  AppliedCouponCodes = 'AppliedCouponCodes',
   Payment = 'Payment',
   PaymentFor = 'PaymentFor',
   PriceList = 'PriceList',
diff --git a/schemas/app/AccountingSettings.json b/schemas/app/AccountingSettings.json
index 80fd83127..4493af67a 100644
--- a/schemas/app/AccountingSettings.json
+++ b/schemas/app/AccountingSettings.json
@@ -121,6 +121,13 @@
       "default": false,
       "section": "Features"
     },
+    {
+      "fieldname": "enableCouponCode",
+      "label": "Enable Coupon Code",
+      "fieldtype": "Check",
+      "default": false,
+      "section": "Features"
+    },
     {
       "fieldname": "fiscalYearStart",
       "label": "Fiscal Year Start Date",
diff --git a/schemas/app/AppliedCouponCodes.json b/schemas/app/AppliedCouponCodes.json
new file mode 100644
index 000000000..a5acdace0
--- /dev/null
+++ b/schemas/app/AppliedCouponCodes.json
@@ -0,0 +1,15 @@
+{
+  "name": "AppliedCouponCodes",
+  "label": "Applied Coupon Codes",
+  "isChild": true,
+  "fields": [
+    {
+      "fieldname": "coupons",
+      "label": "Coupons",
+      "fieldtype": "Link",
+      "target": "CouponCode"
+    }
+  ],
+  "tableFields": ["coupons"],
+  "quickEditFields": ["coupons"]
+}
diff --git a/schemas/app/CouponCode.json b/schemas/app/CouponCode.json
new file mode 100644
index 000000000..6a59d77c8
--- /dev/null
+++ b/schemas/app/CouponCode.json
@@ -0,0 +1,89 @@
+{
+  "name": "CouponCode",
+  "label": "Coupon Code",
+  "naming": "manual",
+
+  "fields": [
+    {
+      "fieldname": "name",
+      "label": "Coupon Code",
+      "fieldtype": "Data",
+      "required": true
+    },
+    {
+      "fieldname": "couponName",
+      "label": "Name",
+      "fieldtype": "Data",
+      "required": true,
+      "placeholder": "Coupon Name",
+      "section": "Default"
+    },
+    {
+      "fieldname": "isEnabled",
+      "label": "Is Enabled",
+      "fieldtype": "Check",
+      "default": true,
+      "required": true
+    },
+    {
+      "fieldname": "pricingRule",
+      "label": "Pricing Rule",
+      "fieldtype": "Link",
+      "target": "PricingRule",
+      "required": true
+    },
+    {
+      "fieldname": "minAmount",
+      "label": "Min Amount",
+      "fieldtype": "Currency",
+      "section": "Amount"
+    },
+    {
+      "fieldname": "maxAmount",
+      "label": "Max Amount",
+      "fieldtype": "Currency",
+      "section": "Amount"
+    },
+    {
+      "fieldname": "validFrom",
+      "label": "Valid From",
+      "fieldtype": "Date",
+      "required": true,
+      "section": "Validity and Usage"
+    },
+    {
+      "fieldname": "validTo",
+      "label": "Valid To",
+      "fieldtype": "Date",
+      "required": true,
+      "section": "Validity and Usage"
+    },
+    {
+      "fieldname": "maximumUse",
+      "label": "Maximum Use",
+      "fieldtype": "Int",
+      "default": 0,
+      "required": true,
+      "section": "Validity and Usage"
+    },
+    {
+      "fieldname": "used",
+      "label": "Used",
+      "fieldtype": "Int",
+      "default": 0,
+      "required": true,
+      "readOnly": true,
+      "section": "Validity and Usage"
+    }
+  ],
+  "quickEditFields": [
+    "name",
+    "couponCode",
+    "pricingRule",
+    "validFrom",
+    "validTo",
+    "maximumUse",
+    "used"
+  ],
+  "keywordFields": ["name"]
+}
diff --git a/schemas/app/PricingRule.json b/schemas/app/PricingRule.json
index 9d474c77b..cefc335f3 100644
--- a/schemas/app/PricingRule.json
+++ b/schemas/app/PricingRule.json
@@ -54,6 +54,18 @@
         }
       ]
     },
+    {
+      "fieldname": "isCouponCodeBased",
+      "label": "Is Coupon Code Based",
+      "fieldtype": "Check",
+      "default": false
+    },
+    {
+      "fieldname": "isMultiple",
+      "label": "Is Multiple",
+      "fieldtype": "Check",
+      "default": false
+    },
     {
       "fieldname": "priceDiscountType",
       "label": "Price Discount Type",
diff --git a/schemas/app/SalesInvoice.json b/schemas/app/SalesInvoice.json
index b196f2b8e..2086377f7 100644
--- a/schemas/app/SalesInvoice.json
+++ b/schemas/app/SalesInvoice.json
@@ -24,6 +24,13 @@
       "required": true,
       "section": "Default"
     },
+    {
+      "fieldname": "coupons",
+      "label": "Coupons",
+      "fieldtype": "Table",
+      "target": "AppliedCouponCodes",
+      "section": "Coupons"
+    },
     {
       "fieldname": "backReference",
       "label": "Back Reference",
diff --git a/schemas/schemas.ts b/schemas/schemas.ts
index aef9ff6df..f3d56c23c 100644
--- a/schemas/schemas.ts
+++ b/schemas/schemas.ts
@@ -19,6 +19,8 @@ import Lead from './app/Lead.json';
 import LoyaltyProgram from './app/LoyaltyProgram.json';
 import LoyaltyPointEntry from './app/LoyaltyPointEntry.json';
 import CollectionRulesItems from './app/CollectionRulesItems.json';
+import CouponCode from './app/CouponCode.json';
+import AppliedCouponCodes from './app/AppliedCouponCodes.json';
 import Payment from './app/Payment.json';
 import PaymentFor from './app/PaymentFor.json';
 import PriceList from './app/PriceList.json';
@@ -128,6 +130,8 @@ export const appSchemas: Schema[] | SchemaStub[] = [
   SalesInvoiceItem as SchemaStub,
   PurchaseInvoiceItem as SchemaStub,
   SalesQuoteItem as SchemaStub,
+  CouponCode as Schema,
+  AppliedCouponCodes as Schema,
 
   PriceList as Schema,
   PriceListItem as SchemaStub,
diff --git a/src/utils/sidebarConfig.ts b/src/utils/sidebarConfig.ts
index 647383817..c040569fa 100644
--- a/src/utils/sidebarConfig.ts
+++ b/src/utils/sidebarConfig.ts
@@ -216,6 +216,13 @@ function getCompleteSidebar(): SidebarConfig {
           schemaName: 'Lead',
           hidden: () => !fyo.singles.AccountingSettings?.enableLead,
         },
+        {
+          label: t`Coupon Code`,
+          name: 'coupon-code',
+          route: `/list/CouponCode`,
+          schemaName: 'CouponCode',
+          hidden: () => !fyo.singles.AccountingSettings?.enableCouponCode,
+        },
       ] as SidebarItem[],
     },
     {