Third Party Billing

Thanks for sharing your query here with us, Robert804. Managing invoices to bill different parties from different location may require accurate tracking. Let me help you manage in setting up third party billings in QuickBooks Online.

You can set up and use location tracking feature to categorize data from different locations, offices, or regions. Then, set a location information and use that when creating and sending an invoice. Let me show you how:

First, turn on location tracking

1. Go to Settings ⚙, then select Account and settings.
2. Select Advanced.
3. In the Categories section, select the Edit ✎ icon.
4. Select the checkbox to track locations.
5. Select Save, then Done.

Then, add a location

1. Go to Settings ⚙, then select All lists.
2. Select Locations.
3. Select New, then add the Name of the location you want to track.
4. Check the "This location has a different company name when communicating with customers." box and enter a name for your company.
5. Select Save and close.

Once done, create or open the existing invoice and use this location. Then, you can enter and track the payments received from them. 

Furthermore, I've included this reference to guide you in managing and reviewing these entries to make sure they matches your real-life bank statements: Reconcile accounts in QuickBooks Online.

I'll be around in this forum if there's anything else you need further assistance with. Feel free to leave them in the comments below. Keep safe and have a good one!

Thank you for your help.  

Using this method, I would still need to manually modify the Billing Address to send it to the Leasing Company or other third-party payer.  Any way to have this automatically populate?

Thank you for the clarification.  I was thinking that was the case, but since this is a common practice, I was wondering how others approached it.  Definitely thank you for letting me know I was not missing something obvious.

Robert

You're welcome, Robert804. Glad I was able to provide some clarification.

Check back here from time to time for responses to your post to see if other users have any other methods they're using. The Community has your back if you ever need a hand again in the future. Take care!