Limited time. 50% OFF QuickBooks for 3 months.
Buy now & saveHi there, @jeff15.
You can edit the invoice and add the agreed $60 discount to properly record the $5940 payment in your QuickBooks Online (QBO) account. Let me guide you through the process.
You have two options to add a discount to the invoice. Firstly, let's turn on the discount settings in QBO. Here's how:
Once done, you can add the $60 discount to the subtotal on your sales forms as your first option. To do so, you can follow the steps below:
For your second option, you can add a discount as a line item on your invoice. If you haven't yet, let's first create a service item for the discount. Here's how:
After creating the item, you can now add the discount item to your invoice. Let me guide you how.
I'm adding this article for more guidance: Add a discount to an invoice or sales receipt in QuickBooks Online.
Just in case you want to set payment terms in QBO so you can give a discount to your customer depending on your agreement, feel free to check out this article: How to Adjust Invoice Payment Terms in QuickBooks Online.
Come back to this post if you have other concerns or follow-up questions about this. I'll be around to provide further assistance.