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Apr 8, 2019 9:29 PM UTC
Solved

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.
QBsguruAnswer
Apr 8, 2019 9:33 PM UTC

Reduce the expense account.

1 reply

QBsguruAnswer
Apr 8, 2019 9:33 PM UTC

Reduce the expense account.