Forgive the silly question but when I create an invoice, it appears in my register and deducts from my operating account. Is that correct? I understand that when I apply the payment, it will "clear it out" but I wasn't expecting to see it there. Please advise.
Check the item(s) you use on the invoice and insure that where you select an income account, it is an income account.
the item determines what account is posted to, and the total is posted to a/r
Sending good vibes to you, calicoellie.
I'm here to provide you with some information about invoicing in QuickBooks Desktop.
Yes, it should be service item. Also, with regards to our question if you bill for a monthly fee it will show in your operating account register depends on what bank account was used since billing and invoicing are posting transactions.
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