Hello, recieving payment question,
In the accounts receivable it shows a payment and a paid entry, only on some entries.
I enter $500 for invoice 1022
It will show
-$500 payment Closed
This happens on a few not all.
Can you explain?
Hey Bob! I’m not quite sure where exactly you see this in QuickBooks. However, when you enter a payment from a customer, QuickBooks will post a debit to Cash and a Credit to the Accounts Receivable account. If it would help, email a screenshot to me at firstname.lastname@example.org and I can take a look at it for you.
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All the Best-
Crystalynn Shelton, CPA