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eric_holt
Level 1

Each month I need to move revenue from one month to another. Which is the best way to do this. At the moment I am doing through prepayments.

Doing it through prepayments requires 2 separate journals which always have to be matched. This means I have to remember to match them. Is there way of doing it with a single journal.
1 REPLY 1
RaymondJayO
Moderator

Each month I need to move revenue from one month to another. Which is the best way to do this. At the moment I am doing through prepayments.

Glad to have you here in the Community, @eric_holt

 

I'll share a few details about moving your revenue from one month to another. 

 

You can only use a single journal entry if the transactions are on the same date. In your case, QuickBooks will require you to match two separate journals since you're moving income between two months. 

 

I'm including this helpful article to learn more about customer prepayments in the program: How to Record Customer Prepayments for Products or Services

 

This will get the information you need for today, @eric_holt

 

I'm here anytime you need anything else. Wishing you and your business continued success. 

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