How do I log a payment from a customer that has deductions?

BCTrucking19 · ‎June 14, 2019

We currently have a trucking company and the customer we contract for pays us with direct debit. The direct debit is after deductions such as hardware used (tools purchased), trailer insurance, fuel, and GST (they collect and remit the GST). How do I log this in quickbooks?

Ex.

Total Pay: $ 7,500

Fuel: ($ 2,500)

Hardware: ($ 500)

Insurance: ($ 750)

Total GST: ($ 375)

Total Deductions: ($ 4,125)

Net Payable: $ 3,375

Thank you

Anonymous · ‎June 14, 2019

Hello,

Thanks for reaching out to the QuickBooks community. This is a very interesting question and I suggest you connect with your accountant to get the most accurate answer for your business needs. With QuickBooks Online, you can give your accountant access to your account in a few easy steps. To do so, check this community article on how to manage an accountant user in QuickBooks Online.

If you don't have an accountant, you can find a certified ProAdvisor in your area through this link: https://quickbooks.intuit.com/ca/find-an-accountant/.

Let me know if you need help with anything else.

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How do I log a payment from a customer that has deductions?

How do I log a payment from a customer that has deductions?

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