Vendor Discounts

TD70 · ‎February 26, 2024

I have a vendor whom does not discount freight charges. So when we enter an invoice, the discount does not match, because QB applies the 1% discount to the full invoice. I cannot manually change this at Pay Bills time as multiple people enter the invoices, and only I pay bills. Therefore, I need to be able to match the discount to the invoice at the time of entering the invoice. Is there anyway to do this manually, or program in to not apply discount to freight amount so the amounts match?

Rea_M · ‎February 26, 2024

We have a method for you to match discounts to your vendor invoice (bill), TD70. We'll gladly guide you on how to do this accordingly below.

When you have a discount for a purchase, you don't enter it to your bill. You'll have to add the transaction's actual amount. To track it, you need to manually calculate the discount and apply it while processing the payment. Please see the screenshot below for your reference.

Once everything is all set, ensure to settle your payables. For the step-by-step guide on how to do this, you can check out this article: Pay bills in QuickBooks Desktop.

If you have any other concerns about managing vendor transactions, please don't hesitate to click the Reply button below, as we're always here to assist you in any way possible.

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