Question

Long-Term Receivable

Forum|Forum|3 years ago
February 22, 2023
1 reply
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I have a school client with a different students type, depends on hoy they pay their tuitions. Some of the students pay their invoice on more than 12 payments or more than one year. My question if I create a Long-term note receivable account, how could I link this account to the student' invoice or A/R account?

Or, is their any other ways to record the students loans in QB desktop?

Anyone can help?

Thanks for getting in touch with the Community, PetraT.

To properly identify how to record and track loans you provide to customers, I'd recommend working with an accounting professional. If you're in need of one, there's an awesome tool on our website called Find a ProAdvisor. All ProAdvisors listed there are QuickBooks-certified and able to provide helpful insights for driving your business's success.

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