Discount

[Sharif]

As I was trying to rush to a meeting with a client yesterday, I looked
at their invoice and saw that I forgot to add in a 10% discount on the
total order as I had promised.

So I create a subtotal item at the end of all the items in the
invoice, which for example gave me a subtotal of $500. I wanted to
apply the 10% discount, so I made a discount item and applied it right
below the subtotal with the amount of "-10.00" in the price field as
instructed in the help files... all this had done was subtract $10
bringing the total to $490 instead of $450... Any reason as to why it
didn't work?

Thank you for your help.

 

[L]

As I was trying to rush to a meeting with a client yesterday, I looked
at their invoice and saw that I forgot to add in a 10% discount on the
total order as I had promised.

So I create a subtotal item at the end of all the items in the
invoice, which for example gave me a subtotal of $500. I wanted to
apply the 10% discount, so I made a discount item and applied it right
below the subtotal with the amount of "-10.00" in the price field as
instructed in the help files... all this had done was subtract $10
bringing the total to $490 instead of $450... Any reason as to why it
didn't work?

QB gives you the option of using a flat rate OR a percentage. You entered a
flat rate. From the QB helpfile;

a..
1.. Enter the discount amount or percentage:
2.. If the discount is a percentage, enter the number of the discount
followed by the % symbol. For example, 5% tells QuickBooks to multiply the
previous line by .05.

a.. If your discount amounts vary, you may want to leave the Amount field
blank and enter the amount directly on your sales forms.

 

[Allan Martin]

As I was trying to rush to a meeting with a client yesterday, I looked
at their invoice and saw that I forgot to add in a 10% discount on the
total order as I had promised.

So I create a subtotal item at the end of all the items in the
invoice, which for example gave me a subtotal of $500. I wanted to
apply the 10% discount, so I made a discount item and applied it right
below the subtotal with the amount of "-10.00" in the price field as
instructed in the help files... all this had done was subtract $10
bringing the total to $490 instead of $450... Any reason as to why it
didn't work?

It did exactly what you told it to.

 

[Sharif]

QB gives you the option of using a flat rate OR a percentage. You entered a
flat rate. From the QB helpfile;

a..
1.. Enter the discount amount or percentage:
2.. If the discount is a percentage, enter the number of the discount
followed by the % symbol. For example, 5% tells QuickBooks to multiply the
previous line by .05.

a.. If your discount amounts vary, you may want to leave the Amount field
blank and enter the amount directly on your sales forms.

Thanks a lot L... I remade a discount item and set it as 10% instead
of just 10.00 and it did the trick. Thanks.