I have already posted a deposit but I have created an invoice after posting the deposit. How do I post that deposit to show the invoice has been paid?

We can link the deposit to the invoice using the Receive payment feature, Lorina. I'll guide you through every step.

To get started, let's find the deposit entry on your bank register and set the Accounts Receivable as the affecting account. Here's how:

1. Go to the Transactions, then select the Chart of Accounts tab.
2. Locate the account you deposited the payment to and click View register.
3. Find and select the correct deposit, then Edit.
4. In the Add funds to this deposit section, find the deposit.
5. In the Received From dropdown, choose the customer who made the payment.
6. In the Account dropdown, select Accounts Receivable.
7. Click Save and Close.
    

After that, to mark the invoice as paid using the deposit, here's what to do:

1. Click the + New button, then Receive Payment.
2. Select the Customer from the dropdown and enter the day you received the payment in the Payment date field.
3. In the Outstanding Transactions section, select the invoice you need to mark as paid.
4. Under Credits, select the deposit.
5. Select Save and Close.
    

Moreover, you can utilize reports to get insights into your purchasing and sales activities, as well as to keep track of your inventory levels.

Additionally, consider setting up a free consultation with our QuickBooks Live Expert Assisted service. Our expert guidance will help streamline your operations by keeping your books organized and efficient.

If linking the deposit to your invoices raises any concerns, leave your comment below. I'm ready to assist.