I had set up the Discount account for bills on which I get 2% off to the QB default, which is an Income account. I would like to change it to an account which is a Cost of Goods Sold account. There was no problem setting it up like that and using it for new bills, but I can't find a way to make the same change retroactively on previously paid bills. It occurred to me that I might just delete each payment and then recreate it with the new Discount account, but that seems like a lot of work and with a high error risk.
A bit of philosophy: QB seems to adhere to the old accounting practice that you never use subtraction, only addition, like in the days of manual calculations. But showing a 2% discount as income distorts the picture for me, I'd much rather see it as a decrease in my cost. End of opinion.
Renny