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Anonymous
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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.
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Best answer 04-08-2019

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Established Community Backer *

Re: Why use an Expense account for Vendor discounts?

Reduce the expense account.

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1 Comment
Established Community Backer *

Re: Why use an Expense account for Vendor discounts?

Reduce the expense account.

View solution in original post

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