BLACK FRIDAY SALE 70% OFF QuickBooks for 3 months*   Ends 11/30

Buy now
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Work smarter and get more done with advanced tools that save you time. Discover QuickBooks Online Advanced.

Reply to message

View discussion in a popup

Replying to:
Rustler
Level 15

Reply to message

It depends

If this is an early payment discount, then the intuit response is correct. early payment like in the terms 2/10/net 30, and you use an income account for the amount of the discount

If this is a purchase discount, then No, there is no discount entered at all.  You enter the actual price paid <per the IRS

View solution in original post

Need to get in touch?

Contact us