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:

By configuring a discount account
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:

Go to Lists > Accounting > Items.
Click Edit on the discount item row.
Click the Accounting subtab.
In the Accounting subtab, choose the Account option and select the discount account from the adjacent dropdown list.
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:

Go to Lists > Accounting > Items.
Click Edit on the discount item row.
Click the Accounting subtab.
In the Accounting subtab, choose the Non-posting option.
Click Save.

Configuring a Discount Account

To configure a discount account:

Configuring a Discount Item to be Non-Posting

To configure a discount item to be non-posting:

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