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Petra72
Level 2

Long-Term Receivable

I have a school client with a different students type, depends on hoy they pay their tuitions. Some of the students pay their invoice on more than 12 payments or more than one year. My question if I create a Long-term note receivable account, how could I link this account to the student' invoice or A/R  account?

Or, is their any other ways to record the students loans in QB desktop?

4 Comments 4
PetraT
Level 1

Long-Term Receivable

Anyone can help?

 

ZackE
Moderator

Long-Term Receivable

Thanks for getting in touch with the Community, PetraT.
 

To properly identify how to record and track loans you provide to customers, I'd recommend working with an accounting professional. If you're in need of one, there's an awesome tool on our website called Find a ProAdvisor. All ProAdvisors listed there are QuickBooks-certified and able to provide helpful insights for driving your business's success.
 

Here's how it works:

 

  1. Go to our Find a ProAdvisor page.
  2. Use the City or ZIP search field to specify a location.
  3. Select Find a ProAdvisor.
  4. Browse through your results and find one that works best for the business. You can click on each ProAdvisor's profile to learn more information about them.

 

Once you've found an accountant, they can be contacted through their Send a message form:
 

  1. Use the available text box to introduce yourself. Be sure to include details about which services you're looking for.


     
  2. Enter your appropriate info in the Your nameYour email, and Your phone number (optional) fields.


     
  3. Hit Send message.

 

You'll also be able to find many detailed resources about using QuickBooks in our help article archives.
 

Please don't hesitate to send a reply if there's any additional questions. Have a lovely day!

PetraT
Level 1

Long-Term Receivable

Thank you so much.

 

Rasa-LilaM
QuickBooks Team

Long-Term Receivable

Hello there, PetraT.

 

I'm glad to hear that my colleague's solution helped you resolve your concern. Information like this motivates us to provide a timely solution so that users have the best QuickBooks experience possible. 

 

If you have any other QuickBooks concerns or additional questions about invoices, feel free to leave a comment below. I'll get back and respond to them. Have a great weekend.

 

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