Quickbooks How to Receive Payment

QBUniversity.org - Quickbooks How to Receive Payment shows you how to receive a payment in Quickbooks desktop. Whether your client or customer sends you a check, cash or credit card, this video will show you how to receive the payment in Quickbooks against an invoice.
It sounds simple, but many people will erroneously make a deposit when they receive a payment, and end up double counting their income. Don't make this mistake, and be sure to receive payments correctly by following the advice in this video.
Discover the top 3 mistakes most Quickbooks users make at QBUniversity.org

[@QbuniversityOrg]

QBUniversity.org - Feel free to leave a comment or question here!

[@theaks758]

Could you show me to "Cash Receipt Journal Enquiry" in QuickBooks?

[@QbuniversityOrg]

I’m not sure what you mean?

[@sabinasainianpeggy2081]

I received a payment from a customer and has a debit payment also included, how can I take that up to balance the payment off. I tried raising adjustment note but it's not giving me a balance transaction

[@sabinasainianpeggy2081]

How do I post a payment received that has a debit in it?

[@sartajhatvi7458]

How to get QBD without licence and product keys

[@QbuniversityOrg]

No idea

[@muhammadyousufkhan8463]

nicely explained.However kindly elaborate how to edit a bill ,which has already been paid.

[@QbuniversityOrg]

You can just open it and edit it but be careful. You don’t want to change amounts or anything since it was already paid

[@sjrave]

Do you have any videos on how to setup payment plan on quickbooks

[@susanoirere2448]

so informative, thank you

[@QbuniversityOrg]

Welcome!

[@DavidPowell-nx7md]

Watching video are all these videos for online quick books or are they interchangeable with desktop

[@QbuniversityOrg]

They are not interchangeable between the two. The two software’s are completely different interfaces. There are specific videos for desktop and specific videos for online.

[@dawnscheetz5774]

Hi Dan, I paid an invoice from a vendor that had a Rush Order Fee. I know I put that as an expense, but when I do my invoice to the customer how do I record it? Do I add it to the price of the socks or do I set up an Income account and post it there?

[@QbuniversityOrg]

Hey I’m Mat but Dans close. I would add an Item for Rush Order Fee and point it to a revenue account. Then add that to the invoice

[@robertgoldenbergdds]

How do I record my monthly social security check in quickbooks desktop?

[@QbuniversityOrg]

Since this is personal income you wouldn’t for a business. Unless you are using QB for your personal finances?

[@pjb9617]

What is the difference between desktop and online? Which is better?

[@QbuniversityOrg]

Big differences but the main difference is online allows you to access it from anywhere. Which one is better really depends on your business and what you want

[@brooksembry5911]

I sent an invoice over email and it was paid through the invoice payment link. I’m now confused how I receive the money from that. I don’t want to enter credit card details because that would charge it again right? Or does it just take a few days for quickbooks to process the payment from the email invoice payment?

[@Sandra-zk2qi]

I am having this same issue. I emailed an invoice and it was paid by the customer but now I do not want to enter the credit card I for bc I do not want to double charge it. How do I post it ? Thank you for your help

[@celenakellinger6433]

I received a rent payment do I have to create an invoice or sales receipt for it? After I recorded the payment in "receive payment" my account receivable went negative.

[@QbuniversityOrg]

If there is not an invoice then you would not use the Receive Payment function. This is what caused the negative AR. I would do a sales receipt instead.

[@celenakellinger6433]

@@QbuniversityOrg Thank you for the fast reply! I just tried to create a sales receipt for it but it automatically create a negative amount on the receipt and it wont let me change the amount and save. How can I fix that?

[@QbuniversityOrg]

@@celenakellinger6433 how is your Item set up that you are putting on the Sales Receipt?

[@celenakellinger6433]

​@@QbuniversityOrg It was set up as payment but i have changed it to "non-inventory part" and it worked, but there is another issue after I change it. My checking account recorded the sales receipt and deducted the amount from my account, when i received the payment it added the amount back to the account, it doesn't make sense to me. So it basically did 10 - 5 + 5 = 10 but it should have been just 10 + 5 = 15.

[@QbuniversityOrg]

@@celenakellinger6433 a sales receipt should be adding to the account obviously but it’s a one step process. You do a sales receipt and that’s it. You only use the Receive Payment function for invoices. I’m not sure why it’s deducting from checking when you do a sales receipt?