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skhudari
Level 1

Sales receipts or Credt Memo ?

If I have a client that I am covering part of his transaction, do I issue a CM or add as a negative sales receipt ?

For Example, if I am paying for a client house to be painted as part of my serivce, do I add the painting cost as a CM ?

3 Comments
Rustler
Level 15

Sales receipts or Credt Memo ?

CM

You can not enter a negative sale, sales receipt or invoice

skhudari
Level 1

Sales receipts or Credt Memo ?

Thanks Rustler,

And to pay these invoices to the vendors, create a new bill ? 

MariaSoledadG
QuickBooks Team

Sales receipts or Credt Memo ?

Allow me to jump into this thread, skhudari.

 

billable expense is an expense that you have incurred on behalf of your client/customer for performing work, services, supplies. Billable expenses are reimbursable from your customer simply by billing them the incurred expenses when you send them an invoice.

 

Yes, you're correct. You can create a new bill and make this billable to your customer. I've attached a screenshot for your visual guide.

billable.JPG

 

In case it's time to pay the bill, please read this article for more information: Enter And Pay Bills.

 

Please let us know if you need further assistance. I'd be glad to help.

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