Rainflurry
Level 15

Other questions

@mwagner17 

 

How did you record the $11,650 prepayment and what Category did you assign it to?  How did you deduct the prepayment from the invoice - did you set up a deposit service product?  Why did you create a JE and what Categories did you debit and credit?

 

Journal entries (JEs) are generally not the best way to handle this.