Chapter 5

Reeling in the Dough

IN THIS CHAPTER

Bullet Recording and printing sales receipts

Bullet Discovering special tips for retailers

Bullet Fixing sales receipt mistakes

Bullet Recording customer payments

Bullet Correcting mistakes in recording customer payments

Bullet Making deposits

Bullet Tracking customer open invoices and collections

Bullet Assessing finance charges

You need to record the amounts that customers pay you when they fork over cash, at the time of a sale or after you invoice them. In this chapter, I describe how to record these payments. I also explain how to make bank deposits, track the amounts that customers owe and pay, and assess finance charges.

If you’ve been using QuickBooks to prepare customer invoices, you’re ...

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