Add Discount to Invoice or Sales Receipt in QuickBooks Online

The favorite customer is always the business on priority to get “discounts on both sales receipt and invoice“. The discount item creation mainly involves the recording of a discount into an invoice that has already been recorded in QuickBooks.

The discount item refers to the item on the line immediately above its location until added. Discount items can only be included on invoices, and sales items or coupons taken directly from the list should not be included. You can also provide your client with a percentage or absolute dollar amount that discounts the total price of an item. For more information about how to add a discount to an invoice or sales receipt in QuickBooks Online, read this article till the end.

Instruction Steps to Add Discount to Invoice or Sales Receipt in QuickBooks Online

Check out easy and reliable steps in order to add a discount to your invoice or sales receipt in QuickBooks Online:

Step 1: Turn on the Discount Feature

If you want to make use of the discounts feature for your favorite customers then turn it on:

• Go to the Settings >> Account and Settings
• From the menu, you have to select the Sales tab
• Now, select the pencil icon in order to edit in the Sales Form Content section
• After that, select the checkbox “Discount” to turn it
• At last, select Save followed by doing.

With this process, the discount fields will add to your invoices and sales receipts. QuickBooks Online also creates a Discount for the given account in order to track everything on your chart of accounts.

Step 2: Apply a Discount

In this, you can discount a percentage or specific amount. You can edit the discount field on your invoice or sales receipt:

• Initially, select + New button
• Next, pick the Invoice or Sales Receipt
• Now, you have to products and services
• Once done then fill out the remaining information in the relevant fields
• Pick the Discount value or Discount percentage to enter the discount as a specific amount or a percentage
• After that, enter the amount that you would like to discount in the relevant discount field
• In case, if you don’t want to discount the total before you calculate sales tax then you have to choose the arrow icon which is next to the discount field.
• Once you’re done then select the Save & Send or Save & Close button.

Steps to Add a Discount Item with a Fixed Price

If you want to set discounts for set amounts, create a new product item that you can add to sales receipts or invoices:

Step 1: Generate a Discount Item

• Go to the Settings and then select Products and Services
• Next, create a new item by selecting the New option
• After that, select Non-inventory or Service for the type
• Give a name to the item Discount
• If you want to create multiple discount items then give different names so that they can easily be identified
• Enter the discount as a negative amount in the Sales price/rate field
• Keep a thing in mind that this is a dollar amount and not a percentage
• Using the drop-down menu of the Income account, you have to choose the Discount given account
• QuickBooks will generate this account for you once the discount feature is enabled
• Select the Nontaxable option using the drop-down menu of the Sales tax category
• At last, click Save & Close.

Step 2: Add the Discount to an Invoice or Sales Receipt

• Firstly, you have to select + New symbol
• Next, select the Sales Receipt or Invoice option
• After that, you have to add the Discount item which you have just created
• You can also adjust the discount amount if you require to do so
• You have to only make sure that it should be a Negative amount
• Once you’re done with the above steps then select Save & Send or Save & New option (if you have to create more new invoices or sales receipts).

Hopefully, this article covered all the major steps regarding how to add a discount to an invoice or sales receipt in QuickBooks Online. The team will dedicatedly be committed to serving your doubts all round the clock.