Hello, LDSNY.
Thank you for getting back to us and expressing your concerns. I understand your confusion regarding the total percentage being treated as the current percentage billed in QuickBooks. I'll provide additional details about this.
In QuickBooks, the system calculates the percentage based on the line item's previous percentage bill amount, but it doesn't account for the first line item that's already been fully billed.
I'm sharing this article to learn more about the progress invoice feature: Set up and send progress invoices in QuickBooks Desktop.
In addition, you can generate ready-made vendor reports that tell you where your company stands in terms of expenses and accounts payable.
We appreciate your feedback and are continually working to improve our software's clarity and user experience. LDSNY. If you have any further questions or require additional clarification, please don't hesitate to let us know.
