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Paul2024
Level 1

I created an invoice that accurately reflects my time entries. MY QUESTION: Where does this information show up in my Chart of Accounts? I cannot find it anywhere!

According to a You Tube tutorial I used as a guide, the instructor said it would be in SERVICES under INCOME. Yet, I can't seem to find it.

1 Comment 1
EvethC
QuickBooks Team

I created an invoice that accurately reflects my time entries. MY QUESTION: Where does this information show up in my Chart of Accounts? I cannot find it anywhere!

Invoices show up in QuickBooks Online (QBO) based on how you’ve categorized the items or services on the invoice, and the accounts tied to those items in your Products and Services List, Paul.

 

When you create an invoice, income is automatically categorized based on the income account linked to the product or service you are selling. To check or update the account tied to a product or service in the Products and Services List:

 

  1. Go to Sales, then Products and Services from the left-hand navigation menu.
  2. Locate the product or service you added to the invoice.
  3. Click the Edit button next to the item.

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  4. Look for the Income Account field—it shows where revenue from this item is categorized in your Chart of Accounts.

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After saving the invoice, QuickBooks automatically posts revenue to the Chart of Accounts under the associated Income Account. Here’s how to locate the revenue in your Chart of Accounts:

 

  1. Go to Accounting, then Chart of Accounts.
  2. Find the account tied to your product or service.
  3. Click View/Register or Run Report to see invoice transactions posted to that account.

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Ensure the Income Account linked to your product or service is correctly set to post revenue under the desired category, such as Service Income.

 

If you want to learn how to invoice unbilled time activities automatically, you can check this article: Automatically invoice unbilled time activities in QuickBooks Online.

 

Also, it might be beneficial to consult with a qualified accounting professional or reach out to a QuickBooks Live Expert Assisted service. They can review your entries to guarantee the accuracy of your financial records.

 

Feel free to visit the Community if you have further questions about QuickBooks. The Community forum is always glad to help you.

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