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Payments
Thank you for getting back and providing us with more details about your concern, @arretx.
You can record it in QuickBooks Desktop as upfront deposits or retainers. Then, you can apply this deposit to your invoices.
To create a liability account:
- Go to the Lists menu and click on Chart of Accounts.
- Click on New from the pop-up menu.
- Select Other Current Liability as the Account Type.
- Set an account name.
- Click on Ok.
To create an upfront deposit item:
- Go to the Lists menu and click on Item List.
- In the Item List window, right-click and select New from the pop-up menu.
- From the Type dropdown menu, select the purpose of the deposits you collect.
- You can select Service if you collect upfront deposits for services, or Other Charge if you collect upfront deposits for products.
- Set a name.
- Select the Upfront Deposit liability account you created from the Account drop-down list.
- Click on Ok.
Here's how to record upfront deposits or retainers you receive:
- From the Customers menu, select Enter Sales Receipts.
- From the Customer:Job drop-down list, select the customer or job.
- If the Deposit To field appears, select the account into which to deposit the funds.
- Enter all the information needed.
- Click on Save and close.
For detailed guidance with setting up, recording, and managing upfront deposits, check out this article: Manage upfront deposits or retainers.
See this article on how to receive payments you receive from your customers in QuickBooks Desktop: Record an invoice payment.
Let me know if you have further questions about recording your transactions. I'm always here to help. Have a great rest of the day!