When vendors give you a discount for paying early, how do you enter that? I used to do it all the time in desktop, but can't figure it out here.

Welcome to the Community forum, @kerstins-sio-mid.

I'll show you how to enter the discount given by your vendor in QuickBooks Online (QBO).

First, off create a discount category under the Income account. After that, create a check for that vendor and apply the discount there.

Here's how to create an income account for the discount:

1. Move your mouse to the Transactions tab and select Chart of accounts.
2. Click the  New icon in the upper right corner.
3. Enter the Account name. Ensure that the name will help you identify that it's for the discount given by the vendor, or you can ask your accountant for it. Choose Income in the Account type and Detail type.
4. When finished, tap Save.

Once done, create a check for the vendor's transaction and apply the discount using the account created. Follow these steps:

1. Click the + New icon and pick the Check below the Vendors column.
2. Select the vendor in the Payee field.
3. In the first line of Category details, pick the item or service you have or will purchase from the vendor and the exact amount.
4. In the second line item, select the income account created. Then, enter how much discount the vendor gives and put a minus sign beside it, for example: (-$2,000.00).
5. After that, click Save and close.

In addition, to mark the vendor paid in QBO, check out this article: Enter and manage bills and bill payments in QuickBooks Online.

If you want to learn how to add billable expenses to invoices, you can read this article: Enter billable expenses in QuickBooks Online.

I'm always here to help you anytime if you have additional questions about managing your vendor transactions. Keep safe, and enjoy the rest of the week.