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August 11, 2024
Question

Invoicing product payable in monthly intallments

  • August 11, 2024
  • 1 reply
  • 0 views
How do i set up invoice for a product sold that is payable in 36 months and send monthly billing statements for the monthly amount due.

ex. sold product amoutning to $6000payable in 5 months.
client paid initial down payment of $1000 the balance to be billed monthly at $1000 per month

1 reply

August 11, 2024

I'm glad you can join us here in the Community, @support.

 

I can help you set up an invoice for a product that can be paid in monthly installments using QuickBooks Online.

 

To send an invoice for monthly billing statements that is payable for 36 months, please follow these steps:

 

  1. Login to QuickBooks Online.
  2. Click the Gear icon in the upper right corner.
  3. In the Lists column, select Recurring transactions.
  4. Click New, choose Invoice, and then select OK.
  5. Change the interval and start date to your preference.
  6. Continue modifying the rest of the field.
  7. Complete the fields and select Save template.

 

Refer to this article for further information about creating a recurring invoice transaction: Create recurring transactions in QuickBooks Online.

 

Additionally, I'm adding this link for additional tips on tracking customer payments: Run reports in QuickBooks Online.

 

Please don't hesitate to reach out and ask questions in the forum whenever you need assistance. Our team is always ready to provide you with the help and resources you need.