How do I calculate a “guaranteed see-it-now” trade discount on a customer invoice?
Set up a subtotal and your discount percentage on the item list. • In QuickBooks 2000 through 2005, choose Customers > Create Invoices. (In QuickBooks 99 choose Activities > Create Invoices.) • Select a Customer:Job. • Enter the Quantity and select the Item (either a product or service). • Repeat step 3 for each item you need to include on the invoice. • Click in the Item field. • Enter a name, such as ‘Subtotal.’ • Press Tab. • QuickBooks displays, “Item Not Found.” • Choose ‘Yes’ to add the item. In QuickBooks 99 through 2004 choose ‘Set Up.’ • Select ‘Subtotal’ in New Item’s Type dropdown. • Choose OK to create the Subtotal item. • Press Tab. • Notice the Subtotal calculates the dollar amount in the Amount column. If you have just one item to discount, you can delete the ‘Subtotal’ in the invoice row and continue with step 14. • Click in the product’s Item Code or service’s Item field on the next available row. • Enter the name of the discount (for instance, ‘10% discount’). • Press
