Thank you for following this thread, randi.
We'll have to write a check to record the amount paid by your vendor. I'm here to make sure you can complete this task in just a few clicks.
Before we proceed, let's create a clearing account and use it to record the entry. You can go over this article for detailed instructions: Set up a clearing account.
Once done, follow the steps to write a check. Here's how:
- In your company, head to the New menu in the upper left and choose Check under Vendors.
- On the transaction page, click the Payee drop-down and select the supplier's name.
- Press the Bank Account drop-down and choose the clearing account.
- Go to the Category details section and enter Accounts Receivable in the Category column.
- Type -$4,333.00 in the Amount field and input the customer's name in the Customer/Project field.
- In the second line, enter Accounts Payable in the Category column and type $4,333.00 in the Amount column.
- Click Save and close.
I've included an article that covers everything you need to know about entering a check and printing one: Create and record checks in QuickBooks Online.
These resources also include a list of topics that will show you how to manage both supplier-related activities and customer transactions:
Fill me in if you have other QuickBooks concerns or additional questions on how to track your clients' and suppliers' entries. I'll get back and make sure to answer them for you.
