Configuring Accounting for NetSuite Connector Order Discounts
When using discounts, you must configure the discount item’s impact on the general ledger using one of the following 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 configuring a discount account. For example, if you apply a 10% posting discount to a $100 item, the revenue amount posted to the associated revenue account for that item is $100. Also, an offsetting debit amount of $10 posts to the related discount account, such as 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 against the general ledger by configuring the discount item to be non-posting. When a discount item is marked as non-posting, the item does not post as an individual transaction line. The item posts the net amount after the discount. When you create a sales order and add the non-posting discount after a line item, the discount is applied to the previous line item only. For example, if you apply a 10% non-posting discount to a $100 line item, the revenue amount that posts to the associated revenue account for that item is $90.
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