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MaryKraftCFO
Level 1

Accounts Receivable - Summary

Prior to my starting with the company this year, invoices and payments were entered twice into QB monthly as well as into our billing system.  As we have grown it is not necessary to key into both.  With that said, how is the best way to transition from the detail entry when I started to entering just summary amounts that tie to the deposits in the bank and still use that functionality and be able to reconcile the AR balance on the BS to the Billing System?

 

Thanks

1 Comment 1
john-pero
Community Champion

Accounts Receivable - Summary

You certainly could simply record deposits into QB as general income but i fear you will be missing half of the transaction and if your billing system is only billing then ddfinitrly you lose any automation of expense.

 

Other than just posting deposits as income your possibilities would be

 

1. Switch to billing from within quickbooks with added capability of customers being able to pay directly from email

 

2. Switch to a billing system that syncs to quickbooks so that you only enter data once.

 

3. Switch to a billing system that includes its own accounting and unsubscribe to quickbooks

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