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Shaharyar
February 25, 2023
Question

Booking of accounts receivables "product wise" with multiple products in a single invoice

  • February 25, 2023
  • 1 reply
  • 0 views

Hi Folks,

I have a query regarding the booking of accounts receivables "product wise", with multiple products present in a single invoice as I want to book the receivables product wise which are clubbed in a single invoice. For instance, I want to book the A/R of Product A, Product B & Product C separately while they are invoiced altogether in one invoice. If there any way to book the A/R in this way. 

1 reply

Rainflurry
Rainflurry
February 25, 2023

@Shaharyar 

 

No.  QBO can only book an invoice to the default A/R account.  QB Desktop allows you to use multiple A/R accounts but it still books it at the invoice level, not at the item level.

Adrian_A
Adrian_A
February 25, 2023

Hello there, Shaharyar.

 

I agree with, Rainflurry. I'm here to share more information about it.

 

Once you create an invoice, the transaction will automatically be posted on the default accounts. If you want to use a different Accounts Receivables account, you'll have to add a separate transaction.

 

I've added this link as your guide in managing Accounts Receivables and Accounts Payables: How to group Accounts Receivable or Accounts Payable account types.

 

When everything is in place, you can utilize this article for future reference: Reconcile an account in QuickBooks Online. This link can walk you through the steps in matching your accounts effectively.

 

In case you have other concerns or questions about supervising your accounts, tag me in your reply. I’d be more than happy to work with you again.

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