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QuickBooks Tips Blog

How To Post Down Payments From Customers in QuickBooks

Posted by Alex Viau on Aug 23, 2013 7:00:00 AM

When invoicing a customer in QuickBooks for a large job most folks will request a down payment for work to be done before the job begins, typically we see this at 50% of the cost
of the total invoice that was remitted. However, some jobs (such as building a house) are so large in scope that the person may not want to invoice a customer until all work is complete because they would rather it be a time & materials job (a job costing feature). In this case our client will bill out a set amount at the beginning of the job to begin work and apply this amount to the final invoice when they're finished. 

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Topics: QuickBooks Tips, down payment quickbooks, customer down payment, quickbooks customers, quickbooks job costing