How to Set up Sales Discount Account in QuickBooks

For setting up the sales discount account, you have to create the discounted product or service that you want to sell at a lower price. After that, when a customer buys it you have to apply the discount to that customer’s sales receipt or invoice. For doing this with the proper manner the solution is given below that helps you in applying discount successfully. 

Method to set up sales discount account in QuickBooks

Before creating the sales discount account turn on the Discount feature in your account

1. In the setting of QuickBooks account
2. Click on the Accounts and Settings
3. On the menu, go to the tab Sales 
4. Now in the section of Sales for content
5. Click on the Pencil icon for editing the settings
6. Now click on the Discount option for turning it on
7. In the end, click on the Save and then the Done button.

For creating the discounted Item in the Item List 

1. In the QuickBooks, click on the List menu option
2. From further options, select the option Item List
3. In the item, click on drop-down arrow that is mentioned in the bottom of Window
4. Now select the New option
5. In the Type field, choose the Discount option from the drop-down menu
6. Now, you have to enter the percentage or amount and the description of the discount
7. After that choose the account on which you have to apply the discount in the Accounts field
8. In the field of Tax code, select Tax table or Non-Tax table
9. Then click on the OK button
10. Now the account is created.

For applying a sales discount

1. Click on the + icon that is Add New option
2. Now, you have to choose the Sales receipt for providing the discount
3. Select and add the Product and Services
4. Fill the form with correct information
5. In the field of Discount, select the Discount Percentage or discount value that you want to give
6. Write the discount value or percentage that you choose above
7. You can also give the discount on total before the calculation of Sales Tax
8. Just click on the arrow icon of Discount field
9. Click on the Save and Send button to send it to customer
10. In the end, click on the Save and Close button.

How to get in touch?

Above, you get the solution for how to set-up sales discount account in QuickBooks desktop. Follow the steps accordingly to get it done smoothly without having any problems. You can also get connected easily through QuickBooks toll-free number 1-800-816-6849. The team is here 24/7 hours to help you out if you have any issues or queries. The members of the team are well mannered, experienced, friendly, and matured to understand all your glitches and do resolve it easily. They are also available via live chat or email so that anyone can connect them from anywhere to get the information or solutions.