Get 50% OFF QuickBooks for 3 months*

Buy now
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Simplify payday and set payroll to run automatically on QuickBooks. Explore QuickBooks Payroll
aleksandras2
Level 1

Recording Accounts Receivable

Hello, how do I make a journal entry showing the following 

accounts receivable

revenue 

contractual adjustment

payment

 

here is a sample of the amounts showing 

AR 10,630.75

revenue 3,875

Contractual adjustment 1773

payments 5293

1 Comment 1
Rainflurry
Level 15

Recording Accounts Receivable

@aleksandras2 

 

Based on the numbers provided, a journal entry can't be created because the revenue, contract adjustments, and payments don't equal A/R.  Even if they did, payments generally reduce A/R, and contract adjustments generally increase or decrease revenue.  Can you provide a more detailed description of the process?

Need QuickBooks guidance?
Log in to access expert advice and community support instantly.

Need to get in touch?

Contact us