Do More with QuickBooks
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I'm using Receipt Bank to enter receipts into QBO, but they always appear as 'bills'. It would be more appropriate if they were 'expenses' but I can't find any way to convert them...?
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Many of our QuickBooks customers issue invoices to their customers and take deposit, but wasn't quite sure how they can map their processes into QuickBooks. Here's a guide on how some of customers run their businesses on QuickBooks, let us know if it helps you! Step 1: Set up invoice to receive deposit Click on the + sign on the top right corner, then select Invoice.Click on the Gear icon in the invoice, tick Deposit and X on the top right to close. Step 2: Create the invoice and send to your customer Now, create your invoice by following these steps.You can save and send this invoice to your customer. Step 3: Receive and account for deposit Deposit is paid by cash and banked into bank accountIf you have received deposit for an invoice, click on the magnifying glass icon on the top right of QuickBooks to search for the invoice in question.On the invoice, enter the details below:Deposit field: your deposit amountPayment method field: cashDeposit to: u
The final item will have 1 cost price.
