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Hello there, @moss.anthony2.
Glad to see you here in the QuickBooks Community. Let me address your concern about creating an invoice that you are paying as monthly installments.
In QuickBooks Online, recurring transaction details are base on how you create them, and there is no automatic way to do this. The reporting of monthly income and monthly sales tax will be incorrect. To get the correct amount, you can manually add the monthly rent to the invoice.
Let me show you how:
For more details, here's an article you can read to learn more about how recurring invoice works: Create recurring transactions in QuickBooks Online.
I've also included this reference helpful with the steps needed in creating and sending other sales transactions to your customers: Set up and send progress invoices in QuickBooks Online.
If you need more assistance concerning your recurring invoices, please don't hesitate to reach out to us. Have a great day!
Hello there, @moss.anthony2.
Glad to see you here in the QuickBooks Community. Let me address your concern about creating an invoice that you are paying as monthly installments.
In QuickBooks Online, recurring transaction details are base on how you create them, and there is no automatic way to do this. The reporting of monthly income and monthly sales tax will be incorrect. To get the correct amount, you can manually add the monthly rent to the invoice.
Let me show you how:
For more details, here's an article you can read to learn more about how recurring invoice works: Create recurring transactions in QuickBooks Online.
I've also included this reference helpful with the steps needed in creating and sending other sales transactions to your customers: Set up and send progress invoices in QuickBooks Online.
If you need more assistance concerning your recurring invoices, please don't hesitate to reach out to us. Have a great day!
Open a Melio account for free. You can create a recurring bill, choose a payment frequency (monthly or weekly), the number of payments and the day you'd like payments to go out. You can set the payments by bank transfer (free - ACH transfer or link your debit card) or credit card (2.9% fee).
https://melio.grsm.io/quickbooks
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