I am doing progress invoicing for a construction management company. The QB progress invoice allows me to show prior amounts billed by item, but I need to also show balance after this invoice by item. Is this possible?
I’m here to give some insights about the Progress Invoicing feature in QuickBooks Desktop.
The default columns available in an invoice after converting it from an estimate are item, description, estimate amount, prior amount, quantity, rate, total percentage and amount. There isn’t yet an option to include a balance amount column in the progress invoice template.
As a workaround, you can run a Job Progress Invoices vs. Estimate report to show the remaining balance of your customer. However, it will show as a total transactions amount, not by items.
If this option works for you, here are the steps on how you can run the report:
Go to Reports at the top menu bar, then scroll down to Jobs, Time and Mileage.
Pick Job Progress Invoices vs. Estimates, and click the Customize button.
From the Display tab, look for Open Balance in the Columns search field.
If you wish to only show the transactions for one customer, move to the Filters tab.
In the Search Filters field, type in and choose Name.
Then, select the customer you need in the All names dropdown.
If this type of functionality can better aid you in managing your accounts, feel free to let our product developers know. They collect the reviews and suggestions from customers like you and consider them for future enhancements.
To send it, click Help at the top menu bar, then scroll down to Send Feedback Online, and select Send Product Suggestion.
Don’t hesitate to let me know if you have additional concerns. I’ll be around.