How can I create an invoice for 50% of my original estimate for a deposit?

Hello there, pmitchell1.

We'll need to open the original estimate you've made to create an invoice for 50%. Here's how:

1. Open the estimate
2. Click the Create Invoice button at the upper-right corner.
3. Select 50%. Then, Create invoice.
4. Click Save and Close.
   

Then, when recording the invoice payment, deposit it to Undeposited Funds account. It holds customer payments in QuickBooks until you deposit them at your bank. Once done, you can record the payment in the Bank deposit section to your real bank account. Here's how:

1. Click the Receive payment button.
2. Hit the Deposit to drop-down arrow and select Undeposited Funds.
3. Make sure to add a check-mark to the correct invoice.
4. Then, Save and Close.
   
5. Go to Bank deposit.
6. Select an account, find the name of your customer to deposit their payment. 
7. Put a check-mark on it and Save.
   

Then, you can double-check the amount you've recorded in your bank in the Chart of Accounts (COA). Also, you can check this article for more details about the progress invoicing, and how you can import your form styles for your invoices and estimates in QBO:

• Progress invoicing.
• Import custom form styles for invoices or estimates. 

Let me know if you have other questions. I'm always around to assist you further. Take care always!

we are doing progressive invoicing too.  Until a couple of weeks ago, we were not using Undeposited Funds , but now we are .  So the invoices showing on the estimate that were received into Undeposited Funds now do not update correctly on the estimate.  The invoices show 0 in the ‘invoiced ‘ column even tho the invoices are already paid .  Is this happening because we didn’t do the Deposit step ?  Been on phone with QB TWO hours and they have no clue 

I've got the steps to show you the correct report for progress invoicing, pwhite9279.

You need to run the Estimate & Progress Invoicing Summary by Customer report to see the percentage of the estimate. It shows the balance and status of the transaction while the partial payment is posted on the Undeposited Funds account.

Let me show you how:

1. Go to Reports from the left menu.
2. Find and open the the Estimate & Progress Invoicing Summary by Customer report.
3. Customize the Report period when needed.

See the attached screenshot below for your visual guide.

Also, I'd like to know what is the report you're currently using for the invoice that is showing a zero balance under the Invoiced column. Please attach a screenshot so I can check the statement.

I'm adding this link to help get the data needed for your business: Customize reports in QuickBooks Online

I'll keep this post while waiting for your response.