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Anonymous
Not applicable

Why use an Expense account for Vendor discounts?

I understand using customer discounts as negative Income account, but receiving a discount then should be tracked elsewhere and not in the Books, it is not an expense or why a contra-expense.
Solved
Best answer April 08, 2019

Best Answers
QBsguru
Level 7

Why use an Expense account for Vendor discounts?

Reduce the expense account.

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1 Comment 1
QBsguru
Level 7

Why use an Expense account for Vendor discounts?

Reduce the expense account.

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