Thank you for joining the thread, @12121212. Let me help you with your concern regarding overdue discount in QuickBooks Online (QBO).
Can you tell me more about how you are recording the discount?
If the discount is given to your customer, you can edit the invoice and adjust the amount to apply the discount. You also have the option to add the (-) negative amount. This way, you’ll be able to offset the overdue amount.
On the other hand, if the discount is given by your supplier, you can edit the bill or enter a vendor credit.
Here’s how:
- Click the + New button and select Supplier credit.
- Enter the necessary details, the date, and the discounted amount from your purchase.
- Select Save and close.
I also highly recommend consulting your accountant regarding this matter for expert advice.
The way you enter the credit depends on how you keep track of your purchases. You can also check out this article for more details: Handle supplier credits and refunds in QuickBooks Online.
In addition, I added this article for your reference when running a report in QuickBooks Online.
Let me know if you need further assistance with vendor credits. I’ll be happy to lend a hand to help. Have a wonderful day ahead!
