Allow me to share some information on some of the best practices that you can do when invoicing in QuickBooks Online, JS1050.
In QuickBooks Online (QBO), you can use progress invoicing to split an estimate into as many invoices as you need. Instead of paying in full, you can invoice your customers for partial payments. You'll want to turn on this feature so you can use it. To do that, follow the steps below:
- Click the Gear ⚙ icon and select Account and settings.
- Select the Sales tab.
- In the Progress Invoicing section, click Edit ✎.
- Select the Create multiple partial invoices from a single estimate checkbox.
- Select Save and Done.
Once done, you can now create a progress invoice template. For more information and detailed steps, refer to this article for more information: Set up and send progress invoices in QuickBooks Online.
Aside from that, you can also use projects to add project income, expenses, labor expenses, add old transactions to new projects and run project-specific reports. To know more about this, read this article for additional reference: Set up and create projects in QuickBooks Online.
However, if none of the two works for you, you may want to use a third-party application to make sure that you'll be able to get the information you need and your end goal. Also, for your reference, you can run reports so you'll know where your business stands. Check this article so you'll be guided: Run Reports In QuickBooks Online.
Fill me in if you have any questions about invoices. We'll always be here to further assist you.
