QuickBooks 2014 The Guide, 2nd Edition

Chapter 10

Managing Your Accounts Receivable

In this chapter:

•  Apply customer payments

•  Apply credits and discounts to invoices

•  Handle cash sales

•  Deposit customer payments into your bank account

•  Track receivables

•  Impose finance charges

•  Send statements to customers

As you create invoices and send them to your customers, there’s an expectation that money will eventually arrive to pay off those invoices. In fact, for most businesses, the most rewarding QuickBooks task is receiving a payment from a customer. QuickBooks gives you the tools you need to make sure that you apply customer payments the way your customer intended so that you both have the same information in your records.

Your Options for Receiving Customer Payments ...