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Hello, @PhillB.
Yes, you can use the same transaction number sequence. You'd want to create a dummy invoice, bill, or journal entry for the first time. I've added a screenshot for your reference.
You can delete the dummy invoice, journal entry, or payment form. The next time you create a transaction it will display the correct transaction number.
I've added these articles for more insights in tracking your income and expense transactions in QuickBooks:
- What is the difference between an invoice, sales receipt, bill, and statement?
- What is the difference between bills, cheques, and expenses?
Get back to us here if you have other questions. I'm always here to help.
