Wp paid 74000 but was invoiced 60225.25 the 14000 is for payment of lawyers do a journal

Let's record the legal fees as a billable expense and add them to the invoice to link the overpayment, accounts. I'm here to walk you through the process of completing these tasks.

We'll have to turn on the Bills and expenses feature first so you can utilize this function. Here's how:

1. Navigate to the Gear icon ⚙ and select Account and settings.
2. Head to the Expenses tab on the left panel and select Edit ✎ from the Bills and expenses section.
3. Turn on the following:
   • Show Items table on expense and purchase forms
   • Track expenses and items by customer
   • Make expenses and items billable
4. Set up the following (optional) :
   • Markup rate
   • Billable expense tracking
   • Sales tax charge
5. In the Default bill payment terms section, press the drop-down and choose the term you wish to use.
6. Tap Save and Done.
   
   

After activating the function, create a billable expense and include it in the invoice. For detailed instructions, perform Steps 2 and 3 in this article: Enter billable expenses in QuickBooks Online.

Now, let's apply the credit to the invoice by following these steps:

1. Click + New and select Receive payment.
2. From the Customer drop-down list, select the customer's name.
3. In the Outstanding Transactions section, tick the box for the invoice you wish to link to the 1,4000 payment.
4. In the Credits section, mark the box for the unapplied payment.
5. Make sure to enter the correct amount in the Payment column.
6. Leave the Payment method, Reference no, Deposit to, and Amount received fields blank.
7. Fill in the remaining fields.
8. Press the Save and close button.
   
   

Take a look at this article for more insights about the process: Handle a customer credit or overpayment in QuickBooks Online.

For tips on when to provide a credit note, delayed credit, as well as steps to create refunds, open each link below for the complete details:

• Create and apply credit notes or delayed credits in QuickBooks Online
• How to refund a deposit and close an invoice
  
  

For future reference, you can follow the solutions outlined in this article to correct your customer's and supplier's balances: Manage outstanding balances for customers and suppliers in QuickBooks Online.

Don't hesitate to drop a comment below if you need further assistance navigating QuickBooks Online or have questions about managing payments. The Community is always available to provide the help you need.