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qbteachmt
Level 15

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If you are using QB, then what you just described is Money, not necessarily the Income.

 

What you do in QB is use the Sales Functions, such as Sales Receipt and Invoice. Invoice = the date of the sale, they have not yet paid and Receive Payment is used later. This is AR. Or, Sales Receipt = for the date of the sale, I am also already paid, such as your ran their credit card already.

 

On the Sales form, you list what you charged them. This might be fees, services, materials, other charges such as mileage or postage, and it might include Sales Taxes. That's why Money does not = Income. Money is Settlement that someone owed you for something and this Something is what you process as a Sale.

 

And if you don't care about tracking specific customer info, that's fine. There is no name needed on a sales receipt at all. In fact, there is a method called Summarized Sales, used for documenting the date's activity. Example: A dentist office has specialty patient and insurance billing and manage software. They use one Generic Sales Receipt for the "daily office sales" to simply document what was paid that date in the office, as Office Collection, Sales of Services and any products sold, as well. That way, the activities charged, and then Paid by check, cash, credit and debit card, are all accounted for. See this:

https://longforsuccess.com/daily-sales-summary-for-retailers-restaurants-ecommerce-and-more/

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