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1 reply

QuickBooks Team
June 14, 2020

Hello there, @ice cream startup.

 

The invoice will be categorized as income depending on the account used on items. It will also be reported as income in the Profit and Loss if the accounting method is accrual.

 

To check the posting accounts, I'd suggest checking the Transaction Journal.

 

Here's how:

  1. Go to the Gear icon.
  2. Under Tools, click Audit log.
  3. Select the Filter drop-down arrow.
  4. Put a check mark beside Transactions.
  5. Click Apply.

 

For reference, you can check out this article about setting up and send progress invoices: Set up and send progress invoices in QuickBooks Online.

 

Please drop a comment below if you have other questions. I'll be right here to help you out. Have a great day!