Hi there, we are trying to map our Sales Discount Account (under SET UP > ACCOUNTING > ACCOUNTING PREFERENCES), to an "Other Current Liability" account. It seems NS only allows you to select an "Income" account here. Can anyone suggest a possible work around for this? We also note that the GST component is not being accounted for (from the discount amount applied) either). Any advice welcome. Thanks!

When you say the gst component is not being accounted for, what do you mean? VAT /gst shouldn't ever be involved in discounts - it's applied on the total after any other calculations, so there isn't a concept of a discount in tax world - tax is not your money to discount :) (this may vary by country though, but is mostly correct) For the other issue, periodically journal the amounts using whatever technology you have resource for