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How to change Discount Account used on Invoice setting is new QuickBooks Online (QBO)?

Changing discount account settings is part of the chart of accounts advanced settings in the new QuickBooks Online.
From the home page screen

Select the Company “Gear” (upper-right-corner)
Select Company Settings under the Settings heading
Select “Advanced” under Settings
Select “Chart of Accounts” under the Advanced heading
Select Discount Account from the drop-down selector income account from the company chart of accounts. See attached screenshot photo for reference.
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