Hello, How can I set up terms with discounts (eg 1% 10 Net 30) on Quickbooks Online. Thank you.

Setting up terms and discounts are done separately in QuickBooks Online, annguyenarg.

For now, we're unable to create a term and apply a discount to it. You'll need to manually add the discount in the invoice if the customer pays within the specified term.

Her's how to create a discount item in QBO:

1. Go to the Gear icon and select Account and Settings.
2. Proceed to the Sales.
3. In the Sales form content section, select the pencil ✏ icon to edit it.
4. Select the Discount checkbox to turn the feature on.
5. Click Save and then Done.

Once turned on, it adds a discount field to your invoices and sales receipts. Here's how to apply or put in a discount percentage or amount in your sales transactions:

1. Create an invoice and add products and services. Then fill out the rest of the form.
2. Choose between Discount percentage or Discount value to enter the discount as a percentage or a specific amount.
3. Enter the amount you want to discount in the discount field.
4. If you want to discount the total before you calculate sales tax, select the arrow icon next to the discount field.
5. When you're finished, select Save and send or Save and close.

Let me also share these articles about managing invoices in QBO in case you might need them in the future:

• Customize invoices, estimates, and sales receipts in QuickBooks Online
• Automate invoice reminders in QuickBooks Online

Please keep me posted if you need anything else. ​​​​​​​

This is SUCH BAD accounting as well as embarrassing for QBO! The original invoice shouldn't be change after the fact and that 10% should be handled the was it was in Desktop. Come on QuickBooks - figure out basic account practices.

Hello there, @Carol Garner.

I appreciate you for sharing your sentiments here in the Community. This isn't what we want you to experience. 

I can definitely see how this feature would be useful. As a team with a massive roadmap, we have to pick new features based on the value they’ll add to the most users possible. 

That said, I'd encourage you sending this feedback straight to our developers. Doing this helps them understand the importance of this feature can have to you and your business. You can do this by clicking the Gear icon on your QuickBooks and select Feedback. You can also visit this link: Customer Feedback for QuickBooks Online.

 I'll be sharing these articles that will guide you in adding discounts to invoices and sales receipts: 

• Add a discount to an invoice or sales receipt in QuickBooks Online
• How to Adjust Invoice Payment Terms in QuickBooks Online

I want to ensure that all of your concerns are addressed properly. Should you need any more help with anything in your account, you can always ask your question here. Stay safe!