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Hi fellow Quickbooks users.
My question is how could I split the invoice into 2 payment period (1st half and 2nd half)?
My Excel invoice usually in this type:
A1 Fee due to ABC company (which is % of Total value transaction that we get)
A2 Gross Receipts Tax (Tax for the "Fee due to ABC")
A3 Total Commission Due (= A1+A2)
A4 First Half Commission Due ( = A3/2 )
After I get the first half payment, I will add another cell called Payment Balance Due (which is =A3/2 as well).
I would like to know if there is a way to do this in Quickbooks without creating 2 separate invoices.
(Title has been edited by moderator for clarity)
Go to Solution.
In QBO, no there is not, two invoices will be needed
In QB desktop, in preferences turn on progress invoiceing, and do a partial invoice from an estimate
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