QuickBooks Statements

by Manoj Singh rathore Digital Marketing Head and Founder

It's easy-to-use, customizable and frequently utilizes data entered everywhere in the application, eliminating the need for duplicate data entry.

Invoices would be the favored way of billing customers, and it's simple to receive payment on these, even online. Statements can be handy for summing up a customer's current balance if one or more invoices have not been paid; they could serve as gentle reminders of delinquent accounts.

However, you could also enter invoice fees directly in your customers' accounts receivable (A/R) registers. You might want to use this technique if, for instance, you bill customers regularly for goods or services.

To begin, start the Customers menu and choose Enter Statement Charges. Opt for the customer you need by clicking on the down arrow next to the Customer: Job field near the top of the display. Make certain that you've chosen the right occupation if there are multiple ones. There is another register for every task in QuickBooks. If you are preparing a monthly fee for, say, a health club of some type, you might want it dated for the first of this month. And if you are going to include a fee which you forgot to ship previously, use today's date, so it will be included if you print the new announcement.

You are able to enter invoice fees directly in a customer's A/R register.

Input a few if you need (this is optional) and then choose the item (or make a brand new one). Input the quantity and speed, and a description and course if you'd like. If you're billing the customer for time already listed, click on the Time/Costs icon and place a check mark in the front of any entries which you would like billed and click OK.

Remember that there are numerous restrictions on billing statements compared to invoices. As an instance, you can not document sales tax, percentage discounts or payment items on announcements, nor will you set related fees and subtotal.

If you would like to print or email that the announcement you just made, proceed to Customers | Produce Enough. Make certain to modify the date so that your announcement will appear and then click on the button next to One Customer in the lower left corner. Pick the right one from the drop-down list. In the top right, click on the button next to Print as date on transactions (QuickBooks will utilize the default conditions you assigned to this customer).

Click on the Preview button in the lower left to find out what that cost will look like on a announcement.

For queries related to QuickBooks visit quickbooks support.