SteadiHub
2009Legal / Business Practices forum

Methods for displaying full rates and discounts on invoices in QuickBooks

17 years old. Gear and prices may have changed since.

What the thread found

  • Showing the full rate with a separate discount line allows clients to see the actual value of services and equipment provided
  • Itemizing individual services and equipment with full rates before applying a discount percentage makes the invoice more transparent and professional
  • QuickBooks Pro can track discounts using the Rate Discount feature, which categorizes them as returns and allowances for tax purposes
  • Breaking out each piece of equipment or service individually before a blanket discount helps clients understand the full scope of what they are paying for

Depends on

  • The thread discusses QuickBooks Pro specifically, not other accounting software
  • No consensus was reached on whether all users prefer full itemization versus simple discount lines
  • The discussion does not address how different invoice formats affect client perception or payment terms

Parts

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