Adding Part Payments on Self Employed

I am confused as to why not - this doesn't seem sensible?

I moved from a system that allowed this, thinking this was a simple accounting basic? Bit shocked it isn't.

Hello ShepherdDelights

As the invoicing section in the Self Employed product does not link with the income,at the moment it is used for sending out emails and marking them as paid.The transactions section is the only section that impacts income,in that section you can either connect the bank,upload a CSV or manually add transactions for the part payment or a combination of these depending on what suits you best.

It is a basic accounting package,we can pass on your feedback to our product developers.

Emma

Hi,

thank you - there should be a link within the transaction page that allows you to connect a transaction to a particular invoice.

my last software was FREE and provided this service along with other services that you do not provide.

thank you for your replies, I will have to think about changing back.

Thank you

Hello ShepherdDelights,

If you're using internet browser, you can follow these steps to manually add transactions in QuickBooks Self-Employed.

1. Go to the Transaction menu.
2. Select Add Transaction at the upper-right portion.
3. Enter amount and brief description.
4. Click the Select category menu.
5. Choose option to organize transaction.

However, if you're using mobile app you can follow the detailed steps in this article. Also, I'm sending this feedback to our product engineers. This feature might be given a chance to be added in the next product updates.

We'll be right here if you have follow-up questions with QuickBooks Self-Employed.

Thank you, I do know how to add a transaction but this does not help me keep track of my income and who has paid deposits and who has not.

I have to record this manually myself on a piece of paper - not ideal.

I assume this will not be changed anytime soon so therefore will not help me now.

thanks

Hi, 

I recently moved over from a free accounting software to Quickbooks as the one I was using before stopped linking with bank accounts and felt perhaps Quickbooks would be a better fit for me, however it seems bizarre that you can't split payments. The majority of my clients pay a deposit making it very difficult for me to keep track of my income with your software. Considering this is a payed service, could you please make this change soon, otherwise I think regrettably I'll have to go back to my previous software. 

Thank you.

Welcome to the Community, @DaisyBCreations. 

Thanks for choosing QuickBooks for your business. I can guide you through handling and record split transactions from your bank. Please note that Income transactions can't be split to both Income and Expenses, and vice versa. 

 Here's how: 

1. Go to the Transactions page. 
2. Select Split from the Type column. 
3. Split the transaction by Amount or Percentage. You can also add a line and choose multiple categories from one transaction.
4. Click Save when done. 

You can also add a rule to the Split transaction. Simply check the box at the bottom that says: Always split (transactions). 

For more information, check out this article: Split and Exclude Transactions. 

For future reference, read through: QuickBooks Self-Employed Overview. You can learn more about what you can do in QB self-employed. 

Feel free to message again if you have more questions. We're always delighted to help you more.

Thank you for your reply.

Yes, splitting transactions is fine, I know how to do that, what I'm asking is how to enter a partial payment on an invoice. I have clients that pay a deposit but not the whole invoice in one go. So i'd like to be able to mark an invoice as partially paid. Also the invoices don't come up in the transactions page so I can't pair them with the payment transaction. 

These features would make it much easier and better for self employed people making our lives much easier!!

Thank you

Hello DaisyBCreations

We can pass on your request for a partial payment on invoices feature to our Self Employed product developers.At the moment there is not a way to do this in the invoices section.The feature is at the moment available in our QuickBooks Online small business packages only.

Emma

Thank you Emma, that would be super useful!!

Wonderful, We will pass on your feedback.

One thing I do is add an item in the invoice saying  

Partial Payment - Flat Rate -    -$500.00

That then updates the total due of the invoice.

Hi,

I hope that you haven’t submitted your tax return using quickbooks otherwise your income may be very understated.

By entering a negative figure onto your invoice saying partial payment, will act more as a discount rather than a payment. Therefore not showing as profit on your income statement.

This is why it would make sense for quickbooks to add this feature into the self employed package as it is a basic need for self employed and small businesses. 
i feel like I have been lured in with a false sense of advertising only to discover the free package I was using previously is a lot bulkier and efficient than this system, being made to feel like I have no choice but to purchase the more expensive package.

Please do because this makes no sense.  I have PayPal and it allows partial payments. I have customers that do deposits and then the remaining is due later.  If I can't have this option why stay with QuickBooks when I can stay with PayPal?