Discounts

You can discount one particular item on an…invoice, or you can discount the entire thing.…You can also choose to discount a percentage off.…Or a fixed dollar amount.…To add a discount, you first have to add it as an item.…Just like we did with the subtotal.…So let's go into items and services.…Go down to the bottom of the screen and click Item and choose New.…For the item type, select discount.…Here's where you can give your item a name, such as…discount 10%.…In the description I'll call this 10% off, or 10% discount.…

Here's where you can put the amount, such as a fixed dollar amount, or a percentage.…So it's important that if you're putting a…percentage, it has to have that percentage mark.…Otherwise, Quickbooks is going to think it's a dollar amount.…You also have to choose an account.…Now, I've already gone ahead and created an account called discounts.…I created it as an income account, but it really doesn't matter.…This is just how you're tracking it in Quick Books.…And because it's a discount for an income account…