Configuring Accounting for NetSuite Connector Order Discounts
When you use discounts, you need to set up how the discount item affects the general ledger in one of these ways:
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By configuring a discount account
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By configuring the discount item to be non-posting
Configuring a Discount Account
Post the discount against the general ledger by setting up a discount account. For example, if you apply a 10% posting discount to a $100 item, $100 goes to the revenue account, and an offsetting $10 debit goes to the discount account, like a sales discount account.
To configure a discount account:
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Go to Lists > Accounting > Items.
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Click Edit on the discount item row.
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Click the Accounting subtab.
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In the Accounting subtab, choose the Account option and select the discount account from the adjacent dropdown list.
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Click Save.
Configuring a Discount Item to be Non-Posting
Post the net item amount after the discount by setting the discount item to non-posting. When a discount item is non-posting, it doesn't show up as its own transaction line. Instead, the net amount after the discount is posted. If you add a non-posting discount after a line item on a sales order, the discount only applies to the previous line item. For example, if you apply a 10% non-posting discount to a $100 line item, $90 posts to the revenue account for that item.
To configure a discount item to be non-posting:
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Go to Lists > Accounting > Items.
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Click Edit on the discount item row.
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Click the Accounting subtab.
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In the Accounting subtab, choose the Non-posting option.
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Click Save.
Related Topics
- NetSuite Connector Order Sync Management
- Displaying a Discount Item or Rate Field on the Order Form for NetSuite Connector
- Handling Incorrect Tax Totals on Discounted Orders
- Ensuring That NetSuite and Storefront Order Totals Are Matching
- Troubleshooting Order or Fulfillment Sync Errors in NetSuite Connector
- NetSuite Connector Order Sync FAQ