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Sukh3
March 19, 2024
Question

Payments for quote over time, opposite of Progress invoice

  • March 19, 2024
  • 1 reply
  • 0 views

We are home builders and received quote for lumber. Quote consists of invoice for each step and payment terms are net 30 from the date of delivery of the package. How can i record this, would like to keep track of each payment as they corresponds to the invoice for the delivery. I checked is similar to Progress invoice but in my case instead of creating an invoice i am making payments for similar invoice. 

Thanks

1 reply

A
Amanda-B
March 19, 2024

Hey there, Sukh3. 

 

Thanks for reaching out to the Community for support. I'd be happy to guide you in the right direction. 

 

To ensure accuracy in your books, I recommend that you contact an accounting professional for expert advice. They'll be able to point you in the right direction so that your accounts can end up with the correct balance. Having an accountant can be beneficial for you and your business. You can find an accountant who has experience with QuickBooks near you by clicking on this link

 

If you have any other questions, feel free to reach back out here. 

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