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SammyLew
April 24, 2023

Future Income

  • April 24, 2023
  • 1 reply
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Hello! Until recently, I've been keeping my incomings/outgoings in a Google Sheet myself, and I'm giving Quickbooks a go. One thing I've always found useful in my method has been logging future income/payments for confirmed projects later in the year – this gives me peace of mind knowing there's money coming in, allows me to gauge how much tax I will need to pay, and reminds me how much I've agreed as a fee and if I have an outstanding invoice.

 

Is there a simple way to do this in Quickbooks Self-Employed?

 

For example – it's currently April and I have a confirmed project in November with a fee of £2,000. I'd like to factor this into my income for the year to help me manage my cashflow.

 

Any suggestions would be greatly appreciated! Thanks 🙂

    1 reply

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    Ashleigh1
    May 5, 2023

    Hello SammyLew, thanks for posting on the Community page, the only way to do it really is to manually add the transactions in to the account for the future, so manually enter the payment in and categories it so that it shows up on the tax summery reports for you. There is no other way of being able to do it in our self-employed account.

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