We separate purchases by class. When we purchase an item it is easy enough to assign a class to it, but if we pay on terms and get a discount, we cannot determine how to assign a class to a discount and this ends up as unclassified. We would rather not have unclassified amounts, so we need a way to assign a class to the amount of the discount.
Let me be the first to welcome you to the Community, @SVSFla.
@mcwagner is right. You can assign a class to a discount when paying bills on the Discount and Credits window. Here’s how:
Right after, run a vendor report. The discount should now show its assigned class next to it. Here’s a screenshot for visual reference:
Check out these articles for more information:
That should get you pointed in the right direction.
Hit the Reply button below to let me know how everything turns out or if you need anything else. I’m more than happy to help. Take care!