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Level 2

Discounts for vendors

You want to reduce the amount your loyal customer owes you on each invoice by 10 percent. Which feature should you use?

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Level 15

Discounts for vendors

Homework or a test question?

Level 2

Discounts for vendors



Discounts for vendors

Hello there, @AC Teacher.


If you're referring to customer discounts, use the Discount feature.


Here's how to turn it on:

  1. Go to the Gear icon.
  2. Under Your Company, choose Accounts and Settings.
  3. Choose Sales, then Sales form content.
  4. Click the Discount slider to turn it on.
  5. Press on Save, and then Done.


Also, you have the option to add a discount as an item of your inventory. Please read the article to learn more about this: Discount as Line Item on Invoices and Sales Receipts.


If you're applying vendor discounts, you have the option to create a discount item. Then, add it as a line item (negative amount) in the original bill so it’ll adjust the amount. Here’s how:


  1. Click the Gear icon in the upper-right hand corner.
  2. Click Products and Services.
  3. At the top right, select New.
  4. Select Non-inventory or Service type, then fill in the fields.
  5. In the Name field, enter Discount.
  6. In the Sales price/rate field, enter the discount amount as a negative.
  7. From the Income account drop-down, select the appropriate account.
  8. Make sure the Is Taxable is not checked.
  9. Click on Save and close.


Once done, you can add a discount in the Discount field of your bill.


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