Customer Discounts - Accounting Software Secrets
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Customer Discounts

Customer Discounts

Customer Discounts

If cash discounts are offered to customers, as payments are received is the proper time to record the reduction in the amount due. This function can also be used for small amounts that need to be written off as payments are received.

QBRA-2003: Customers>Receive Payments>Choose customer>Enter amount received>Set Discount

 

TRICK: If Profit and Loss reports by job or by class are used, it may be preferred to use the credit memo option for discounts and small adjustments to have reports reflected appropriately for version 2002 and prior.  Version 2003 now has a field for designating the class for the discount.

 

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More information on this topic

Receiving Payments and Discounts