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nbodyl
Level 1
posted
‎July 11, 2020 01:40 PM
last updated ‎July 11, 2020 1:40 PM

What G/L account do you post a discount given on a vendor invoice

 
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1 Comment 1
gayatriluthfias20
Level 7
‎July 12, 2020 02:40 AM

What G/L account do you post a discount given on a vendor invoice

Hi @nbodyl , if it's a early payment, it is a income account. But, if it's payment at a time there is no discount. 

Article : https://quickbooks.intuit.com/learn-support/en-us/reports-and-accounting/correct-way-to-enter-a-disc... 

Comment back if needed. Enjoy your day.

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