Thanks for checking out the Community space, kshitij-sinha-ci.
You can go to the Gear icon to turn on the Discount feature. This creates a Discounts given account in your Chart of Accounts to track any discounts you provide to your customers. I'll show you how:
Click the Gear icon.
Choose Account and Settings.
Select the Sales tab.
In the Sales formcontent section, click the Edit icon.