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basicinfo
Level 2

How do i show discount per product?

Hi guys,

 

I've moved from MYOB and i'm finding Quickbooks very poor in terms of basic needs for a business.


How can I see my real cost of goods if i'm giving discount?

Ex: - Client A buys 4 products and gets 4% off.

Client B buys 19 products and gets 5% off.

 

When i run a report i can only see discount as a bulk number and cannot see the real cost of the products! This is such a basic thing and yet i'm struggling with it

4 Comments 4
IntuitAika
Intuit

How do i show discount per product?

Thanks for posting in the Community, basicinfo.

 

I'll help you add a discount per product as a line item on your invoices or sales receipt. 

 

  1. Click on the Gear icon and select Products and Services.
  2. Select New.
  3. Select Non-inventory or Service for the type.
  4. Name the item Discount. If you want to create multiple discount items, give them unique names so they're easy to tell apart.
  5. In the Sales price/rate field, enter the discount as a negative amount. Keep in mind, this is an amount and not a percentage.
  6. From the Income account drop-down menu, select the Discount given account. QuickBooks creates this account for you when you turn on the discount feature.
  7. Select Save and close.

Once done, you can select this item on an invoice if you would like to apply a discount on a certain product.

 

As of the moment, we don't have an option yet to apply a specific discount amount or percentage on the Products and Services list. It's best to share your request directly with our product developers by sending feedback. To send a feedback, go to Gear icon and select Feedback

 

Lastly, you can check on this article for your reference: Add a discount to an invoice or sales receipt in QuickBooks Online.

 

Keep me posted if you have other questions or concerns about using QuickBooks Online. 

basicinfo
Level 2

How do i show discount per product?

Hi mate,

 

Do you understand what a pain it is to do this for someone with multiple SKU?

 

 

basicinfo
Level 2

How do i show discount per product?

Hi mate,

 

This really isn't working. The subtotal method - it still doesn't change the true price in discounts. How do i see the true price after discounts using reports? This is such a basic thing.

IntuitSheila
Level 8

How do i show discount per product?

Hi there, basicinfo.

 

You can run the discounts report under the Chart of Accounts, and customise the report to include products and services. Here's how:

 

  1. Go to Accounting, then Chart of Accounts.
  2. Search for your Discount account, then click Run report under the Action column.
  3. Click on Customise button.
  4. Change the Report period, and under Group by select Products and Services.
  5. Click on Run report.

Another report you can check is the Sales by Customer Detail report and customise them.

 

I understand how handy it would be to have a feature dedicated to discounting each line item individually. While I can't guarantee that this will be implemented shortly, it's always a good idea to make your suggestions by clicking the Gear icon and selecting Feedback. Our Product Development team reads these messages daily and is always looking for ways to improve the product.

 

Get in touch if you need more help with QuickBooks Online. The Community is here to help you.