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Nov 16, 2021 3:43 PM UTC

Invoice Payments Received

Is it possible to settle an invoice by taking the money from an existing QBO account, such as the Bank Current Account?

I do the finances for a community hall, which is booked by external users. Those bookings are billed through QBO by raising an invoice. The hall has a cafe and sometime users settle their room hire invoiceat the cafe till. The till roll is then added into QBO on a daily basis & all the money received goes into the Bank Current Account.

But that money can therefore contain money paid in to settle a room booking.

So is it possible to settle an invoice by taking the money out of the QBO Bank Current Account?

THANKS !

    1 reply

    Nov 17, 2021 9:42 AM UTC

    Hi andywest1 We're not accountants and any such advice should be provided by a professional. There maybe a professional that reads this post that would be able to assist you.