‍ When a customer pays you immediately for goods or services, you need to open and complete the Enter Sales Receipts window. But that screen is reserved for revenue that comes in to satisfy outstanding invoices and unpaid items on billing statements. , since that’s exactly what you’re doing. When you look at QuickBooks’ home page, which icon do you click? Say you got a check from a customer on the spot for a house painting job you completed. Here’s an example of a situation that illustrates the importance of really learning about and understanding QuickBooks before you start entering live data. This QuickBooks feature not only minimizes errors, but saves time and lessens the possibility of disputes down the road. It eliminates the need to enter receipt data twice, once on a paper copy for your customer and again in your accounting system. It manages the mechanics of this important task incredibly well. QuickBooks supports the creation and tracking of sales receipts. Not only will your customers have a record of the transaction – you will, too. When they pay you immediately for goods or services, you’ll give them a sales receipt, rather than invoicing them for future remittance. Your customers, too, expect to receive forms documenting purchases they’ve made from you. You need to record them, analyze their impact on your cash flow, and claim some of them on your income taxes. You know how important it is to obtain receipts for the expenses you and your employees incur. The sales receipt is the right tool for this in specific situations. All About Sales Receipts in QuickBooks Documenting every sale carefully helps ensure that your financial records and reports will be accurate.

Quickbooks 2018 desktop maximize window