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AJMEDIA
Level 1

Do we use sales receipts or invoices

Hello, as a business we carry out a large amount using the freelancer platform Fiverr, however when we recive an order we do not get the money straight away as it is only released to us when the user accepts the product / delivery we send to them, then 14 days later the money is cleared into our Fiverr account, so when recording the order in quickbooks does it count as a Sales Receipt or Invoice because once the user submits the order the money goes from their account to a holding account? We are a limited company 

1 Comment 1
taxpro2000
Level 2

Do we use sales receipts or invoices

Invoice. You can use sales receipt of you receive cash on the spot.

 

Learn here https://quickbooks.intuit.com/learn-support/en-us/sales-receipts/create-and-send-a-sales-receipt/00/...

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