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March 14, 2024
Question

Can we receive inventory without posting the invoice/expense. These are 2 separate transactions in accounting and they have 2 different dates. Receipt date and AP date

  • March 14, 2024
  • 1 reply
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Physically receive items on 1 day, but invoice date is from when the items left the vendors place of business, not when we received them.

1 reply

March 14, 2024

Hi there, 

 

Welcome to the Community. It's great to learn you're using the program to help manage your income and expenses for your business. I'll be glad to provide information about handling invoice payments in a way that aligns with what you've described above. 

 

I see you benefiting more by looking into our feature called Progress Invoicing. This feature enables you to split an estimate into as many invoices as you need. Instead of asking for full payment at the beginning of the project, you can invoice customers for partial payments. I encourage you to check out this helpful article for more info on how to: Set up and send progress invoices in QuickBooks Online. Give this a try and let me know how you make out. 

 

In case you have other questions, feel free to reach back to me. I'm here to help you achieve your QuickBooks goals.