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Replying to:
JuliaMikkaelaQ
QuickBooks Team

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Thanks for bringing this concern here in the Community space, @TheCA. Let me share an insight about the service date and revenue recognition in QuickBooks Online. 

 

Currently, the option to automatically have the service date be the actual date when the payment is received is unavailable. However, you can enter an initial service date and manually change it to the desired date when you receive the payment. Please note that in such cases, the revenue will be recognized as an income at the end of the month. Thus, it's best to adjust it accordingly.

 

Furthermore, you can check out this article to generate a revenue recognition report: Run reports in QuickBooks Online

 

If you require additional assistance managing your invoices and revenue recognition, please feel free to comment below or visit the Community space. We're here to provide the best guidance and support to help you find the right solution for your every concern. Have a great day ahead!

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