cancel
Showing results for 
Search instead for 
Did you mean: 
Super Explorer ***

How do you do a loyal customer discount on an invoice?

 
Solved
Best answer 01-29-2019

Accepted Solutions
QuickBooks Team

Re: How do you do a loyal customer discount on an invoice?

Great news, @Vitan!

 

You can turn on the Discount feature to easily add and track discounts in your invoices.

 

Here's how to turn it on:

  1. Go to the Gear icon.
  2. Under Your Company, choose Accounts and Settings.
  3. Select Sales.
  4. Click Sales form content.
  5. Put a check for the Discount option to turn it on.
  6. Click on Save and then Done.

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

 

Please see screenshot for your visual reference.

 

 

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.

 

Feel free to leave a comment below if you have any other concerns.

4 Comments
QuickBooks Team

Re: How do you do a loyal customer discount on an invoice?

Great news, @Vitan!

 

You can turn on the Discount feature to easily add and track discounts in your invoices.

 

Here's how to turn it on:

  1. Go to the Gear icon.
  2. Under Your Company, choose Accounts and Settings.
  3. Select Sales.
  4. Click Sales form content.
  5. Put a check for the Discount option to turn it on.
  6. Click on Save and then Done.

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

 

Please see screenshot for your visual reference.

 

 

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.

 

Feel free to leave a comment below if you have any other concerns.

Super Explorer ***

Re: How do you do a loyal customer discount on an invoice?

Thank you! Very Helpful!

Highlighted
Super Explorer ***

Re: How do you do a loyal customer discount on an invoice?

Quick question regarding this. Is the discount supposed to show up under Profit & Loss as "discount given" as a negative number and subtract from the total income?


QuickBooks Team

Re: How do you do a loyal customer discount on an invoice?

Delighted to hear again from you, @Vitan.

 

I’d like to take this opportunity to share some information on QuickBooks Online handles discount item and P&L report.

 

Discount items are not reported as an expense. However, it is reported as a reduction of gross sales. The Profit and Loss report represents the profitability of a business. Thus, it shows your total income and expense.

 

Depending on how you set up the discount item, the discount item should be included in your Profit and Loss Report. Usually, it is displayed right below the Other Income section. It should show a negative amount.

 

Stay in touch with me and let me know if you have other questions about managing your discount item and viewing your Profit and Loss report. I’m always here to help.