Skip to main content
A
arkvalleyinfo
October 16, 2018
Solved

Paying invoices with discount terms. How to apply discount?

  • October 16, 2018
  • 1 reply
  • 0 views

I am paying invoices to a vendor with discount terms. It is not applying the discount. How do I get the discount applied for the invoices I am paying per the terms?

Best answer by Rustler

You have to use vendor credit, select an income account, enter the amount save

then use paybills, select the bill apply the credit, pay the balance

1 reply

Rustler
RustlerAnswer
October 16, 2018

You have to use vendor credit, select an income account, enter the amount save

then use paybills, select the bill apply the credit, pay the balance

N
Notalemming
October 16, 2018
I have been unsuccessful in determining how to do this.  On QBOPlus, when creating an account for discounts/rebates/refunds, assuming that is correct, the QBs tells me to use an expense account for vendor discounts, but you're saying to use an income account.  Obviously I need layman terms to understand what is being said here.    
Terms & ConditionsAccessibility statement