cancel
Showing results for 
Search instead for 
Did you mean: 
Frequent Explorer *
Solved

Vedor Invoice Discout issues

I have a question in regards to how the invoice is discounted

 

example

invoiced $1,000 from vedor ($990 plus $10 shipping) terms 2% 30 net 60

the vednor then takes the 2% from the $990 not the $1,000

 

when I enter the bill in QB it takes 2% off the $1,000

 

is there a way to set it up so it takes 2% off the $990 like the invoice set to me has done?

 

Help please, Thanks!

Best answer 03-19-2019 10:19 AM

Accepted Solutions
Highlighted
BRC
Established Community Backer ***

Re: Vedor Invoice Discout issues

There's no way to discount part of a bill by a percentage.

However, you could enter the appropriate discount amount directly on the bill in the detail area.

3 Comments
Highlighted
BRC
Established Community Backer ***

Re: Vedor Invoice Discout issues

There's no way to discount part of a bill by a percentage.

However, you could enter the appropriate discount amount directly on the bill in the detail area.

Frequent Explorer *

Re: Vedor Invoice Discout issues

Could you expand on that some, how would I enter the appropriate discount amount directly on the bill in the detail area.

QuickBooks Team

Re: Vedor Invoice Discout issues

Hi there, @Rhammerle!

 

Allow me to chime in for a moment and help you be able to set a discount for your bill.

 

@BRC is correct. Instead of entering a discount rate, you can add the discounted amount directly in the Expenses section.

 

Let me show you how:

  1. Go to Vendors.
  2. Select Enter Bills.
  3. Choose the name of your vendor, bill terms, and date.
  4. Under the Expense tab, choose an expense account.
  5. Enter the discounted amount under the AMOUNT column.
  6. Click Save & Close

I've included a screenshot for your visual reference and a guide in creating your bill.

 

 

Fill me in if you have any other questions about discounts and bills. It'll be always my pleasure to lend you a helping hand.