Select the account you use to track discount amounts from the “Account” drop-down.
Otherwise, QuickBooks assumes the number you enter is a dollar amount. You must include the percent symbol if the number you enter is a percentage discount. Then enter either the percentage or amount of the discount into the “Amount or %” field.Enter a description of the discount to show in sales forms into the “Description” field.Then select the main discount item under which to categorize this item from the adjacent drop-down.To make the discount a subitem of another discount item, check the “Subitem of” checkbox.Then enter a name for the discount into the “Item Name/Number” field.In the “New Item” window, select “Discount” from the “Type” drop-down.Then select the “New” command from the pop-up menu to open a “New Item” window.In the “Item List” window that opens, click the “Item” button in the lower-left corner.To create Discount items in QuickBooks Desktop Pro, select “Lists| Item list” from the Menu Bar.
QUICKBOOKS CHECKS DISCOUNT CODE 2018 HOW TO
After creating the “Discount” item, click the “OK” button to save the item into the “Item List.” Instructions on How to Create Discount Items in QuickBooks Desktop Pro: Alternatively, select “Non” to apply the discount after calculating sales tax. Select “Tax” to apply the discount before calculating sales tax. Finally, use the “Tax Code” drop-down to choose whether to take the discount before or after calculating sales tax. Then select the account you use to track discount amounts from the “Account” drop-down. Otherwise, QuickBooks assumes the number you enter is a dollar amount.Ī picture showing how to create discount items in QuickBooks Desktop Pro. Enter either the percentage or amount of the discount into the “Amount or %” field. Then enter a description of the discount to show in sales forms into the “Description” field. Then select its main discount item from the adjacent drop-down.
If the discount is a subitem of another discount item you created, check the “Subitem of” checkbox. Then enter a name for the discount into the “Item Name/Number” box. In the “New Item” window, select “Discount” from the “Type” drop-down. Then select the “New” command from the pop-up menu to open a “New Item” window. To create Discount items in QuickBooks Desktop Pro, open the “Item List.” Then click the “Item” button in the lower-left corner of the list window.
Then place the discount item under the subtotal item to remove the discount’s amount or percentage from the subtotal. Therefore, this item is often used in conjunction with the “Subtotal” item in sales forms.įor example, you can place the subtotal item underneath a list of line items in an invoice to get a subtotal amount. However, it is not applied to any other line items previously entered. When added to a sales form, a Discount item applies its discount to the line item amount directly above it.
QUICKBOOKS CHECKS DISCOUNT CODE 2018 PRO
This lesson shows you how to create Discount items in QuickBooks Desktop Pro in the Item List. Overview of How to Create Discount Items in QuickBooks Desktop Pro:
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