I want to write a check for $5,000 to a salesperson. However, I don't want the total $5,000 taken out this month. I'd like to set it up so that $1,000 is taken out over the next five months. How do I do that? I'd set it up as a receivable?
Hello there, @AutoCon.
You can utilize the Progress Invoicing feature to invoice your salesperson with the amount of $1,000 every month. Let me guide you on how to get started.
First off, let's turn on the progress invoicing feature. Here's how:
Once done, you can create an estimate with the total amount of $5,000. After which, you can start invoicing your salesperson every month with the amount of $1,000.
You can read through this article for more detailed steps and information: Set up and Send Progress Invoices in QuickBooks Online.
In case you need tips and related articles in the future, visit our QuickBooks Community help website for reference: QBO Self-help.
Please keep in touch with us here in the Community should you need any further assistance. We're always here to help.