Announcement

Collapse
No announcement yet.

multiple discounts reducing payments received

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • multiple discounts reducing payments received

    I sell to a national vendor who receives my full invoice and then reduces the payment by a % for payment within 30 days and a % for marketing based upon the monthly sales. I would like to track each amount separately -- one a selling expense, one a marketing expense. I must invoice the full amount to the vendor. In the QB Premier 2009 Wholesale edition, I can "receive payment" for the full amount, but as far as I can tell, just enter one amount in one discount category. Is there any way to reflect each discount separately?
    phlyman

  • #2
    Try entering a Bill-Credit for the multiple discounts so you can assign different expense accounts for each, then in Pay Bills you can use the Apply Credit instead of Set Discounts.
    Joe Williams
    joewilliams@wavelinx.net
    Piedmont, Ok

    Comment

    Working...
    X