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February 14, 2020
Solved

I recently received a check from a metal recycler. They aren't technically a customer that I provide my services to. How should I be inputting these checks?

  • February 14, 2020
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Best answer by Rustler

Make them a customer

create a service item named recycle or something, link it to an Other Income account, and use that on a sales receipt to record the payment.

1 reply

Rustler
RustlerAnswer
February 15, 2020

Make them a customer

create a service item named recycle or something, link it to an Other Income account, and use that on a sales receipt to record the payment.

January 5, 2021

I'm in metal fabrication as well and just received my first metal recycling check. Would it be totally incorrect to make it a credit to COGS?