I want to create early pay discount terms. I see instructions that say there's a click box. I don't see the box. Now I need to delete or modify a term. How do I do that?
I'm using QBO When I create a new term don't see the "apply discount if paid early" option. I tried to create a 1%10 Net 30 term. Now I have a Net 30 term named "1%10 Net 30" How do I modify that to apply an early pay discount or delete that option from my drop down list if it can't be changed?
As of this time, the Apply discount if paid early is no longer an option in QuickBooks Online. As an alternative, you can utilize the Discount percent option from the invoice to manually enter the discount percentage. Let me guide you how.
First off, let's turn on the Discount feature from the Account and Settings page. Here's how:
Click the Gear icon.
Select Account and Settings.
From the left menu, select Sales.
In the Sales from content section, click the pencil icon to edit.
Put a checkmark in the Discount checkbox.
Click Save, then Done.
Once done, you can follow the steps provided by my colleague above on how to apply the discount.
In case you want to send an invoice in the future, you can check out this article for your reference: Send an Invoice.
Just hit the Reply button below if you have additional questions. I'll be right here to help.