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Angie13
Level 2

Payment Plans

We have sold equipment to a client that will be making monthly payments rather than paying for the equipment up front. Does anyone have any suggestions as to how this would be set up in QuickBooks?

1 Comment 1
BigRedConsulting
Community Champion

Payment Plans

Probably, enter the sale as an invoice, and on the invoice note the payment plan.

 

Then send the client a Statement each month with the balance due, and perhaps add a note/letter with the current balance due.

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