QuickBooks Online has no early payment terms. Paidnice adds the discount to new invoices and takes it off when the window closes, so the full amount is due after that.
Early payment discounts in QuickBooks, and with Paidnice
QuickBooks lets you type a discount in. Paidnice applies it and removes it on your schedule.
✕The discount is typed into each invoice manually.The discount line is added on its own to the new invoices you choose.
✕Nothing takes the discount off when the window closes.The discount comes off on the day you set, and the invoice goes back to its full total.
✕The customer is not told what they save.An email can show the saving, with a pay link at the discounted total.
DiscountsSales form content
Discount fieldPercent or amount, typed in
Early payment termsIn QuickBooks Desktop
After the windowEdit the invoice
Not availableA discount that applies itselfRemoval when the window closesAn email that shows the saving
INVOICEINV-1044
Bill toNorthline Ltd
IssuedSep 1
DueSep 30
DescriptionAmount
Consulting · August
$2,480.00
Prompt payment discount 2%If paid by Sep 8
−$49.60
Total due by Sep 8$2,430.40
$2,480.00 after Sep 8
Synced to
WellPaid co.
Save $49.60 on invoice INV-1044Pay by Sep 8 to keep 2% off
How to give an early payment discount in QuickBooks Online
Intuit’s community moderators say QuickBooks Online has no early payment discount terms, which QuickBooks Desktop has. You add the discount manually. For more detail, see our guide to early payment discounts in QuickBooks.
Open Settings > Account and settings > Sales and turn on Discount under Sales form content.
On the invoice, enter the discount as a percent or an amount, and write the offer in the message.
Save and send the invoice.
If the customer pays after the window, edit the invoice to remove the discount.
Repeat for each invoice that gets the offer.
Source: answers from Intuit moderators in the QuickBooks Community. Intuit’s help centre has no article on early payment discounts for QuickBooks Online.
An early payment discount that runs itself in QuickBooks
The discount is a real line on the QuickBooks invoice, so your customer, your ledger and your reports all see the same amount.
INVOICEINV-1044
Bill toNorthline Ltd
IssuedSep 1
DueSep 30
DescriptionAmount
Consulting · August
$2,480.00
Prompt payment discount 2%If paid by Sep 8
−$49.60
Total due by Sep 8$2,430.40
$2,480.00 after Sep 8
Synced to
WellPaid co.
Save $49.60 on invoice INV-1044Pay by Sep 8 to keep 2% off
A discount line on each new QuickBooks invoice
Choose a percent or a fixed amount. The line goes on the invoice in QuickBooks, posted to its own account and tax rate, and its description can show the expiry date.
INV-1045 · Harbor & CoPrompt payment discount
Discount added · 2%Sep 1 · −$49.60 until Sep 8
Added
Discount email sentSep 1 · pay link at $2,430.40
Opened
Discount removedSep 9 · back to $2,480.00
Expired
Due date reminderSep 30 · full amount
Sent
Gone when the window closes
If the invoice is still unpaid when the offer ends, the discount line comes off and the invoice returns to its original total in QuickBooks. Nobody edits it manually.
Prompt payment discount2% if paid in 7 days
Active
PercentageFixed
2%
2days
7daysafter the issue date
With a pay link at the new total
Your rate, your window, your customers
Choose how recent an invoice must be to qualify and when the discount ends, counted from the issue date or the due date. Apply it to every new invoice, or only to invoices not yet sent.
Does QuickBooks Online have early payment discounts?
Not as payment terms. QuickBooks Desktop has terms such as 2% 10 Net 30; in QuickBooks Online the discount field is filled in manually, according to Intuit’s community moderators. Paidnice adds the discount line to new QuickBooks invoices and takes it off when the window closes.
How do I set up 2/10 net 30 in QuickBooks Online?
You can name a 2/10 net 30 offer in the invoice message and add the discount manually. Paidnice does the same automatically: a 2% discount on new invoices, removed after the window you set. What 2/10 net 30 means.
What is the difference between an early payment and a prompt payment discount?
They are the same offer: a smaller amount due if the customer pays within a short window. Paidnice calls it a prompt payment discount in the app.
Can I offer the discount on some customers or items only?
Yes. Choose which new invoices qualify, and exclude line items, so chosen revenue is never discounted.
Does the discount apply to invoices I have already sent?
A new policy applies to new invoices, or to invoices not yet sent from QuickBooks. One older invoice can be processed manually.
Will the customer know about the discount?
You can send an email when the discount is applied, with the amount, the expiry and a pay link at the discounted total. It is off by default.
A team that has your back
Talk to the people who build Paidnice. We help in every time zone and know collections inside out.
“Ashley is incredibly knowledgeable, responsive, and proactive.”
