Skip to main content
September 11, 2020
Question

How do I enter in qb a large cash sale from many customers ie:Farmer's Market sales?

  • September 11, 2020
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

September 11, 2020

I'm here to help enter your sales in QuickBooks, @farmerswife.

 

In QuickBooks Online, you have two options to record large cash sales from your customers. We can either use an invoice or sales receipt. Then, let's make a bank deposit to enter the amount and ensure your record is accurate.

 

You may follow the steps below to create invoices.

  1. Go to the + New icon and then select Invoice.
  2. Select the name of the customer.
  3. Enter the necessary details.
  4. Once finished, click on Save and close.

 

Then, let's receive the invoice payments. Here's how:

  1. From the + New icon, select Receive Payment.
  2. Select the name of the customer from the drop-down menu.
  3. From the Outstanding Transactions section, select the invoices created.
  4. Select the payment method.
  5. You can either deposit the money to your checking account or the Undeposited funds.
  6. Select Save and close.

 

If you'd like to create a sales receipt, here are the complete steps:

  1. Go to the + New icon and then select Sales Receipt.
  2. Choose the name of the customer.
  3. Select a payment method.
  4. Enter the necessary details.
  5. Once done, click on Save and close.

 

Once done creating sales transactions, we can now make a bank deposit. Here's how:

  1. Select + New.
  2. Select Bank Deposit.
  3. From the Account drop-down menu, choose the account you want to deposit the money into.
  4. Make sure the deposit total and selected payments match your deposit slip.
  5. Select Save and close

 

Additionally, I've added an article about viewing your sales transactions in QuickBooks Online. This serves as a guide in checking the status of sales transactions, open invoices, and paid invoices.

 

I'm always here to help. Your success with QuickBooks is our top priority.

June 21, 2024

What is the 2nd option?

June 21, 2024

Hi there, mistymountainmush24.

 

In QuickBooks (QBO), recording sales have two options. You can either create an invoice or a sales receipt.

 

You can create an invoice, to bill your customers for goods or services provided, which allows you to receive payment at a later date. Alternatively, you can use a sales receipt to record a sale at the time it occurs, which is useful for transactions involving immediate payment from the customer.

 

When creating this transaction, you can follow the steps provided by my colleague, CharleneMae_F to ensure your record is accurate.

 

If you want to personalize your sales form, here's an article for guidance: Customize invoices, estimates, and sales receipts in QuickBooks Online.


Don't hesitate to add comments if you have any other questions or concerns. We'll be here to help you anytime.