Hello MikiD,Thank you, but you did not really address my question.I do not understand what is meant by "record it as a liability". As I stated in my last reply,...
We have Quickbooks set to Accrual, however I'm not sure how to reflect this as we don't invoice for grants since it is just money received.Can you explain more ...
Hi Rasa-LilaM,Thanks for all that info.I didn't realize I could delete an Invoice after Payment was received. So, once I've received payment and delete the Invo...
But then when I invoice them for the actual purchase later on, won't Quickbooks then record a second purchase from the customer? If I invoice them now for a $50...
Hi Rustler,Thanks for that - my only concern is that before the customer can provide the "deposit" they still need an Invoice from me to issue payment. I assume...